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Qiu added the firm would “pursue” deals for quality “trend-setter” brands with sustainable development prospects, though he was less interested in brands he likened to “pop music, only catering to people’s tastes for a short while but not lasting”. “Ruyi has firm and specific requirements and strategic positioning for fashion brands engraved cufflinks for groomsmen uk sale. We are always studying and watching brands that fit the positioning of high quality, high growth and high pricing,” he said..
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 engraved cufflinks for groomsmen uk sale.
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 engraved cufflinks for groomsmen uk sale. The deal 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 engraved cufflinks for groomsmen uk sale. 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 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 engraved cufflinks for groomsmen uk sale.