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Ruyi and Qiu are looking to help brands target China’s huge but slowing domestic apparel market, which research firm Euromonitor expects will hit 2.2 trillion yuan ($316.05 billion) by 2022, up around 10 percent from its current size. To that end, he said the firm would look to leverage big data and online stores to reach more shoppers. The firm’s pivot into fashion is part of a wider drive by Chinese firms that also includes conglomerates Fosun (0656.HK), which could lead to an increase in fashion sector deal-making.

LONDON (Reuters) - Japan’s Takeda Pharmaceutical (4502.T) will hold an investor vote on its $62 billion acquisition of Shire SHP.L next month and aims to close the deal on Jan, 8, signaling its confidence in securing the required support, Shares in London-listed Shire rose 3 percent on the news, hitting their highest level since Takeda first disclosed its interest in buying the rare diseases specialist in March, The deal typewriter "q" key cufflinks would be the biggest-ever overseas acquisition by a Japanese company - but it needs two-thirds support from shareholders, some of whom are worried about the enlarged company’s resulting debt burden..

Takeda said on Monday it would hold an extraordinary general meeting (EGM) of shareholders to vote on the transaction on Dec. 5. Previously, Takeda had said it hoped to hold the EGM early in 2019, leaving uncertain the level of backing for the deal, which has been opposed by some members of the founding Takeda family. “With the date of our extraordinary general meeting of shareholders now set, we are looking forward to continue our dialogue with shareholders regarding the compelling strategic and financial benefits of this transaction,” Chief Executive Christophe Weber said.

Weber — a Frenchman and the first non-Japanese CEO of the company — believes that buying Shire will accelerate Takeda’s growth and increase its international reach, boosting earnings, The transaction is still awaiting approval from European regulators, although two people familiar with the matter told Reuters last week that Takeda was set to typewriter "q" key cufflinks win conditional EU antitrust approval, Takeda has offered to divest Shire’s experimental drug SHP647 to address concerns about overlap in inflammatory bowel disease treatments..

The takeover has already secured clearance from regulators in the United States, Japan, China and Brazil. Weber said last week he was confident of securing investor backing for the purchase of Shire, but until now it has not been clear when exactly Takeda would call its EGM. Takeda, which has a market value of around $32 billion, has secured a $30.9 billion bridge loan to help finance the Shire acquisition and some investors are concerned as to how well it will cope with debt repayments. The Japanese company struck its agreement to take over Shire in May, in a deal that will propel it into the top 10 rankings of global drugmakers by sales.

LONDON (Reuters) - The race is on for liquefied natural gas (LNG) producers to build export terminals as demand soars, but the criteria for financing such mega-projects have shifted as traditional relationships with LNG consumers have begun to disintegrate, Royal Dutch Shell’s (RDSa.AS) final investment decision (FID) taken last month for a $30 billion LNG Canada project was a shot in the arm for the LNG typewriter "q" key cufflinks industry, which is emerging from almost three years of low prices and investment, As a vote of confidence in the LNG market, Shell’s decision is expected to get the ball rolling on a wave of approvals for dozens of similar projects around the world that have been planned for years but not yet finalized..

But the FID represented a different financing structure, unreliant on commitments from large buyers as previous mega-projects had been, such as the recently commissioned Ichthys facility in Australia or the U.S. Sabine Pass plant. Instead, Shell will absorb the cost into its budget and will effectively worry about the ultimate buyers later - as one of the largest corporate purchasers of LNG in the world, it can absorb the new volumes into its global portfolio. Demand for LNG is there - it is expected almost to double to 550 million tonnes a year (mtpa) by 2030, leaving room for plenty more export terminals despite an influx of fresh supply from new, mostly U.S., terminals.

But projects have struggled to find offtakers as the world’s biggest buyers in Japan and South Korea seek nimbler terms while others such as India and Pakistan are less creditworthy, “Projects that require buying commitments are really struggling to find buyers to typewriter "q" key cufflinks sign up ., I don’t see a lot that is happening,” said Vivek Chandra, chief executive of Texas LNG, which plans a medium-sized project of the same name, “I don’t know what the buyers are waiting for because the golden opportunity to sign up for deals was yesterday,” he told a conference this month, referring to historically low LNG prices in recent years before they began rising last winter..

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