NasdaqSINGAPORE -- U.K. soccer club Manchester United Ltd. has received approval from Singapore Exchange Ltd. to list on the city-state's bourse through its planned up to US$1 billion initial public offering, people familiar with the situation said Friday.
The exchange has agreed to have Manchester United list using both voting shares and non-voting preference shares, one of the people said. Such a structure will allow the owners of the club--the Glazer family--to effectively retain control. Full story
Related:
Manchester United approved for Singapore IPO - MarketWatch
Manchester United Said to Get Singapore IPO Approval - Bloomberg
Manchester United Singapore listing gets SGX OK-source - Reuters
