Manchester United news

United 'postpone share flotation'

July 26, 2012
By ESPN staff
Manchester United are believed to have postponed plans for a £200 million initial public offering (IPO) flotation on the New York stock exchange amid volatility in world financial markets.

Although the club, owned by the Glazer family, has neither confirmed nor denied that the plan has been shelved, a postponement would represent another setback to attempts to list the shares.

Last year, proposed flotations on the Singapore and Hong Kong stock markets were abandoned in an increasingly ...

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