Man United Get Approval For Asia Stock Float

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Premier League football club Manchester United has received permission from the Singapore Exchange for a planned £634m listing in a deal that would include non-voting preference shares, two sources with knowledge of the deal told Reuters on Friday.

Although precise details of United's plans are yet to be confirmed, it is thought the Glazer family are looking to sell 25% of the club, which they hope will net them £600m.

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