LONDON: The American owners of English Premier League soccer champions Manchester United have reactivated an earlier plan to float its shares on the stock market in Singapore following improved market conditions, the Sunday Times reported.
The Florida-based Glazer family is looking to raise up to 600 million pounds by selling 25 to 30 percent of the club via an initial public offering that would value it at up to 2 billion pounds ($3.2 billion), the newspaper said. Full story
Related:
United’s owners revive RM3b IPO plan - The Malaysian Insider
Manchester United Owners Seek Singapore Listing - Nasdaq
Manchester United's Far East float plan is still on ice - menmedia.co.uk
