Mukesh Ambani of Reliance. Picture: REUTERS/SHAILESH ANDRADE
A wholly owned unit of Reliance Industries will buy Stoke Park, which owns and manages a hotel, sports and leisure facilities in Buckinghamshire, for £57m, said an exchange filing late on Thursday. The acquisition will add to Reliance’s consumer and hospitality assets, the filing said. The latest marquee acquisition for Ambani’s retail-to-refining conglomerate marks its pivot towards consumer offerings and yet another high-profile British brand purchase. Reliance bought struggling UK-based toy store chain Hamleys in 2019 and is seeking to revive it.
Ambani has a net worth of $71.5bn, making him the 13th richest person in the world, according to the Bloomberg Billionaires Index.
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