Manchester United hires banks for Singapore IPO

England's Premiership champions mandate Credit Suisse, J.P. Morgan and Morgan Stanley as bookrunners and choose to pursue a listing in Singapore where rules regarding share structures are more flexible.
Manchester United celebrate their 19th league title earlier this summer

Asia’s army of Manchester United fans might soon be able to show their support for the English football club in the stockmarket, if a bid to list the club in Singapore in the next few months goes ahead as planned.

According to sources, the US-based Glazer family who owns 100% of the club following a leveraged buy-out in 2005 has filed a listing application with the Singapore Exchange and on Friday mandated J.P. Morgan and Morgan Stanley as joint bookrunners for a planned initial public offering. The two US banks...

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