Manchester United May Delay IPO

English Premier League giants Manchester United plan to raise one billion US dollars in an initial public offering (IPO) in Singapore later this year, Dow Jones Newswires reported Tuesday.The share sale is planned for the fourth quarter, Dow Jones said, quoting people familiar with the situation.Credit Suisse Group has been mandated by as sole global coordinator and bookrunner on the deal, said the the sources, who were not named. One source said other banks are expected to be added as bookrunners later.

NEW YORK (Reuters) - Manchest

U.K. soccer club Manchester United Ltd. applied to the Singapore Exchange for approval to list in the city-state late last week, taking the first step toward a likely $1 billion initial public offering before the end of the year.

U.K. soccer club Manchester United is planning to raise around US$1 billion from a Singapore initial public offering in the fourth quarter.

U.K. soccer club Manchester United is planning to raise around US$1 billion from a Singapore initial public offering in the fourth quarter.