Published:
Singapore on the verge of losing Manchester United IPO
The club is said to be considering moving its initial public offering to the US, says a Bloomberg report.
The report said, “Manchester United Ltd., the record 19-time English soccer champion, is exploring moving its initial public offering to the U.S. from Asia as it seeks to secure the best valuation, said people with knowledge of the plans.”
The earlier plan was to raise about $1 billion in Singapore.
View the report here.
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