Hanung Toys buys Chinese soft toy company

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New Delhi, Apr 17 (UNI) Hanung Toys And Textiles Ltd today said it has signed MoU with a Chinese Company to buy latter's soft toy business in China by acquiring 100 per cent stake.

No other details are currently available in the communique to the stock exchange.

The Soft Toys to Home Furnishings manufacturer is the licensee of Walt Disney characters for soft toys in the country.

UNI PBB PDT AS1152

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