Tuesday, 13 September 2011
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The Malaysian Insider, 14 Sep 2011
LONDON, Sept 14 — Manchester United is planning to raise up to two-thirds of a planned US$1 billion (RM3 billion) initial public offering in Singapore through non-voting preferences shares, the Financial Times reported today.
The newspaper reported that the move would keep as much as 88 per cent of voting rights in the hands of the Glazer family, its American owners. Full story
Man United to raised two-thirds of planned IPO through non-voting preferences shares
LONDON, Sept 14 — Manchester United is planning to raise up to two-thirds of a planned US$1 billion (RM3 billion) initial public offering in Singapore through non-voting preferences shares, the Financial Times reported today.
The newspaper reported that the move would keep as much as 88 per cent of voting rights in the hands of the Glazer family, its American owners. Full story
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