Home Business NewsBusiness Chinese billionaire set to buy Hamleys in £100m deal – here's what China owns in Britain

Chinese billionaire set to buy Hamleys in £100m deal – here's what China owns in Britain

by LLB Editor
19th Oct 15 9:35 am

A deal is just weeks away…

London’s 255-year-old toy store Hamleys is set to be sold to a Chinese buyer for a whopping £100m.

A Hong Kong company that is associated with Sanpower boss Yuan Yafei, the business tycoon behind House of Fraser’s £480m sale last year.

According to Forbes, Yafei is worth $2.2bn and his interests span retail, finance, real estate and collectibles.

Hamleys, which has its flagship store on Regent Street, is owned one of France’s biggest toy companies Groupe Ludendo. Ludendo bought Hamleys from Icelandic bank Landsbanki for £60m in 2012.

Founded in 1760 by William Hamley, Hamleys over 10 UK stores and 46 franchises.

A spokesperson told The Sunday Times yesterday: “There is always interest in Hamleys. I cannot comment on recent press articles.”


Here are other British assets owned by China:

1. Thames Water – 8.68% owned by Chinese sovereign wealth fund

Thames Water


2. Heathrow – 10% owned by Chinese sovereign wealth fund

Heathow airport


3. Weetabix – 60% owned by state-backed Bright Food



4. Gieves and Hawkes – sold to Chinese retail giant Trinity Limited for £32.5m

Gieves and Hawkes


5. Barclays – 2.64% stake, state-controlled China Development Bank

Big banks prepare for extra £1bn PPI hit


6. Canary Wharf – almost one-third owned by Chinese sovereign wealth fund

Canary Wharf and the financial district


7. Superdrug – bought by Chinese retailer AS Watson



8. Diageo – 1% owned by People’s Bank of China



9. MG Rover – bought by Nanjing Automotive for £53m

MG Rover


10. Harvey Nichols – bought by Chinese tycoon Dickson Poon

Harvey Nichols Jubilee shop front


11. Huawei – plans to invest £1.3bn in the UK



12. Sunseeker – bought by Dalian Wanda for £300m

Tamara Ecclestone at the London boat show


13. University Partnerships Programme, the UK’s largest developer of student housing – 40% owned by Chinese state-owned fund

Student housing at Exeter University


14. Manganese Bronze – bought by Geely for £11m

Manganese Bronze has gone into administration


The list goes on….

Rio Tinto Plc – Aluminium Corp of China bought a 12% stake for $14bn in 2008

Prudential – 1% stake bought by People’s Bank of China in 2008

Harris Tweed’s Carloway Mill – undisclosed stake bought by Shandong Ruyi Group

Grangemouth refinery – £626m investment by Chinese company PetroChina in 2011


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