RIL buys another UK icon, Stoke Park for $79 million
The UK-based company, which owns a hotel and golf course, will add to RIL s consumer and hospitality assets, Reliance said in a regulatory filing late Thursday, April 22
BusinessToday.In | April 23, 2021 | Updated 10:22 IST
RIL Chairman Mukesh Ambani is looking to swivel his oil-dependent business towards consumer offerings. He had previously acquired iconic UK toy store Hamleys in 2019
Mukesh Ambani owned- Reliance Industries Ltd. (RIL) bought Stoke Park for 57 million pounds ($79 million).
The UK-based company, which owns a hotel and golf course, will add to RIL s consumer and hospitality assets, Reliance said in a regulatory filing late Thursday, April 22.
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Mukesh Ambani buys Britain s iconic country club Stoke Park for 57 million pounds
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Last Updated: Apr 23, 2021, 12:15 PM IST
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The UK-based firm, which owns a hotel and golf course in Buckinghamshire, UK, will add to Reliance s consumer and hospitality assets, the firm said in a filing late on Thursday.
Billionaire Mukesh Ambani s Reliance Industries Ltd has bought Britain s iconic country club and luxury golf resort, Stoke Park, for 57 million pounds (about Rs 592 crore).
The acquisition adds to Reliance s current stake in Oberoi hotels and hotel/managed residences in Mumbai that it s developing.
Over the past four years, Reliance has announced USD 3.3 billion in acquisitions with 14 per cent in retail, 80 per cent in technology, media, and telecom (TMT) sector, and 6 per cent in energy.
Reliance Industries Buys Another British Icon, Stoke Park, For $79 Million Reliance Industries Buys Another British Icon, Stoke Park, For $79 Million Stoke Park s 49 luxury bedrooms and suites, 27-hole championshop golf course, 13 tennis courts and 14 acres of private gardens attracts wealthy tourists from across the world.
Mukesh Ambani is looking to pivot his oil-reliant business toward consumer offerings
Reliance Industries Limited, controlled by billionaire Mukesh Ambani, bought Stoke Park for $79 million, adding an iconic locale that s been the setting for two James Bond films to its portfolio of tourism properties.
A wholly owned unit of Reliance Industries will buy Stoke Park, which owns and manages a hotel, sports and leisure facilities in Buckinghamshire, for 57 million pounds ($79 million), said an exchange filing late Thursday. The acquisition will add to Reliance s consumer and hospitality assets, the filing said.
Mukesh Ambani s Reliance Industries buys Britain s iconic country club Stoke Park for ₹592 crore
Mukesh Ambani s Reliance Industries buys Britain s iconic country club Stoke Park for ₹592 crore
PTIApr 23, 2021, 12:59 IST
Business Insider
Reliance Industries Ltd has bought Britain s iconic country club and luxury golf resort, Stoke
Park, for 57 million pounds (about ₹592 crore). The acquisition adds to Reliance s current stake in Oberoi hotels and hotel/managed residences in Mumbai that it s developing. Over the past four years,
Reliance has announced USD 3.3 billion in acquisitions with 14 per cent in retail, 80 per cent in technology, media, and telecom (TMT) sector, and 6 per cent in energy.