Tuesday, August 16, 2011

Man Utd plans $1 bln IPO in Singapore by year-end-IFR

HONG KONG: English Premier League football champions Manchester United plans an initial public offering 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.

With more than 190 million fans in Asia, out of nearly 300 million around the world, the region has become an important growth area for the team.

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