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MANU / Manchester United shares plumet as Ratcliffe set to buy only 25%

Manchester United Plc (NYSE:MANU) shares dropped 12% in Monday's early premarket deals as holders of the football club's New York listed subordinate minority shares conceded to reports that a full takeover is off, and, that INEOS boss Sir Jim Ratcliffe looks set to buy a 25% stake. According to latest reports, the Ratcliffe proposal would see the INEOS chair pay more than $1.5 billion for a 25% stake valuing the football club at around $6 billion excluding its $600 million of net debt. Read More

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Posted: Oct 16 2023, 05:28

Author Name: Proactive Investors

MANU News

By Proactive Investors
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Why Manchester United Stock Is Taking a Loss Today

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By Proactive Investors
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Manchester United shares plumet as Ratcliffe set to buy only 25%

Manchester United Plc (NYSE:MANU) shares dropped 12% in Monday's early premarket deals as holders of the football club's New York listed subordinate m

By Proactive Investors
October 13, 2023

Manchester United board to discuss takeover proposals in coming days, Ratcliffe “the frontrunner” - report

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By Proactive Investors
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Manchester United shares rise on fresh reports Qatari takeover is “close”

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