The former chancellor is among those being sounded out by Shein as it progresses plans for a £50bn-plus London listing, Sky News learns.
Sajid Javid, the former chancellor of the exchequer, has been approached about taking a role at Shein, the online fashion giant which is progressing plans for London's biggest stock market float for years. Sky News has learnt that Mr Javid is among a number of senior City figures who have held talks with Donald Tang, Shein's executive chairman, in recent weeks.
Mr Tang has also met executives from the LSE as well as more junior ministers as part of its IPO preparations.Shein filed documents for a New York listing last year, but has grown concerned that its application may be rejected by the US Securities and Exchange Commission.Goldman Sachs, JP Morgan and Morgan Stanley are advising on the deal.
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
People in Council Tax bands A to E could save £400 on energy bills this yearHouseholds can check online if they qualify for support from the Great British Insulation Scheme online.
Read more »
'Shein' email warning as Gmail and Yahoo users urged to avoid tempting offerAn email scam doing the rounds masquerades as the popular retailer in order to trick people into handing over personal details.
Read more »
‘Mean girl energy’ Love Island’s Paige Thorne slated for urging women to wear £75 dress to ‘upstage the bri...I paid £31 for my wedding dress from Shein and it's showstopping
Read more »
Huge queues form in Liverpool ONE for SHEIN pop-up storeThe store provides some exclusive shopping opportunities
Read more »
Footage of Mike Tyson shooting promo video for Jake Paul fight completely confuses fans as odd detail spottedMike Tyson's promo shoot ahead of his fight against Jake Paul got fans online talking.
Read more »
Jamie Carragher hailed a 'legend' after 'day to remember'The former Reds defender has received messages of support online
Read more »