Thursday, 15 September 2011

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Manchester United Gets SGX Approval For IPO

  • Thursday, 15 September 2011
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  • Nasdaq
    SINGAPORE -- 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

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