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French firm buys Hamleys for £60m

Britain's most famous toy shop Hamleys was today sold to a French firm for an estimated £60 million.

Hamleys is 250 years old and has eight outlets in the UK and Ireland, including its seven-storey flagship store on London's Regent Street.

The classic British brand was mainly owned by nationalised Icelandic bank Landsbanki, which took over Baugur's stake when the investment group collapsed in the recession.

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Families

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