Showing posts with label Manchester United. Show all posts
Showing posts with label Manchester United. Show all posts

Sunday, September 18, 2011

Manchester United get approval for Singapore share sale

Manchester United have received approval to float the company on the Singapore Stock Exchange.

The club wants to raise $1bn (£635m) to pay off some of its debts by selling about 25% of the parent company's shares.

United want to complete the process, which is known as an initial public offering (IPO), by the end of the year.