Bloomberg, 17 Aug 2011
Manchester United plans a $1 billion initial public offering in Singapore, two people familiar with the matter said, as the record 19-time English soccer champion seeks to cut debt that has fueled fan protest.
Credit Suisse Group AG (CSGN) is working on the transaction, which may take place this year, said the people, who declined to be identified because they weren’t authorized to speak publicly. The Premier League team had been considering Hong Kong for the IPO but now favors Singapore, although no final decision has been made, the people added. United is ready to sell about 25 percent, one of the people said. Full story
Related:
Insight - Man Utd's planned IPO marries sense and sentiment - Reuters UK
Manchester United eyes Asia in $1bn share deal - The Australian
Manchester United Plans $1 Billion Float in Singapore: Sources - The Hollywood Reporter
Manchester United mulls $1 bn IPO in Singapore - Indiantelevision.com
Manchester United to list IPO in Singapore by end-2011 - MENAFN.com
Manchester United IPO to tap massive Asia fan base - The Times Of India
Manchester United planning $1bn share sale in Singapore - Independent.ie
Manchester United considers floating shares in Asia - BBC News
Manchester United plans Singapore listing by end 2011 - Philstar.com
