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Man United’s $1B Singapore IPO approved (AP)

Posted by on Sep 16th, 2011 and filed under  Top Stories. You can follow any responses to this entry through the RSS 2.0. Both comments and pings are currently closed.

Manchester United's coach Alex Ferguson reacts during their Champions League group C soccer match with Benfica Wednesday, Sept. 14 2011, at Benfica's Luz stadium in Lisbon. The game ended in a 1-1 draw.

Manchester United’s planned $1 billion public offering has been approved by Singapore’s stock exchange, a person familiar with the deal told The Associated Press on Friday. The initial public offering likely will happen by the end of the year and involve ordinary and nonvoting preferred shares, according to the person, who spoke on condition of anonymity because the deal hasn’t been…

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