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Thursday, July 26, 2012

Man United 'temporarily postpone' IPO plan

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http://www.todayonline.com/Hotnews/EDC120726-0000062/Man-United-temporarily-postpone-IPO-plan

Manchester United are thought to have postponed temporarily plans to launch their US$300 million (S$376.7 million) flotation in New York, after volatile US markets spooked the Premier League club into a rethink.

The move is the latest setback in a long-running attempt to list the company's shares, a move that had previously been earmarked for the exchanges in Hong Kong and Singapore.

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