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Mukesh Ambani Buys UK's Stoke Park For Rs 592 Crs


Mukesh Ambani Buys UK’s Stoke Park For Rs 592 Crs
Published by GulteDesk
April 24, 2021
Mukesh Ambani’s frontrunner firm Reliance Industries Ltd (RIL) has bought Britain’s plush and popular country club and luxury golf resort, Stoke Park, for £57 million (Rs 592 crore).
Stoke Park is a private sporting and leisure estate in Buckinghamshire, located in the middle of 300 acres.
The procurement has now been added to Ambani’s current stake in EIH, one of the largest luxury hotel chains in India. Reliance Strategic Business Ventures Ltd holds held 18.83 per cent in EIH by March 31, 2021. Earlier, Ambani bought Hamleys in 2019 and Stoke Park is the second major acquisition of an iconic British company by him. ....

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Mukesh Ambani buys Britain country club for ₹592 crore


Mukesh Ambani buys Britain country club for ₹592 crore
Updated:
Updated:
April 23, 2021 12:56 IST
Two iconic James Bond movies Goldfinger (1964) and Tomorrow Never Dies (1997) were filmed at Stoke Park.
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Mukesh Ambani, the richest person in India and also the wealthiest in Asia, is ranked 10 on the global billionaires’ list.   | Photo Credit:
Reuters
Two iconic James Bond movies Goldfinger (1964) and Tomorrow Never Dies (1997) were filmed at Stoke Park.
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 ₹592 crore).
Over the past four years, Reliance has announced $3.3 billion in acquisitions with 14% in retail, 80% in technology, media, and telecom (TMT) sector, and 6% in energy. ....

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Mukesh Ambani buys Britain's iconic country club Stoke Park for 57 million pounds


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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Synopsis
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. ....

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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
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. ....

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