16 Aug '11, 12pm

Manchester United plans $1.2b IPO in Singapore

English Premier League football champions Manchester United is planning a US$1 billion (S$1.2 billion) initial public offering in Singapore by the end of the year, depending on market conditions, IFR reported. -- PHOTO: AFP HONG KONG (REUTERS) - English Premier League football champions Manchester United plans a US$1 billion (S$1.2 billion) initial public offering (IPO) in Singapore by the end of the year, depending on market conditions, IFR reported on Tuesday, citing a source with direct knowledge of the plans. Credit Suisse Group AG is working on the transaction, which may take place this year, said a source, who declined to be identified because the process is private. No final decision has been made. Manchester United declined to comment. Speculation had been rife in recent months about Manchester United listing in Hong Kong, which has become the venue of choice for g...

Full article: http://www.straitstimes.com/BreakingNews/Money/Story/STIS...

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Manchester United planning S$1.2 billion IPO in...

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