Man Uniteds IPO

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Post by RedOranje Sat 11 Aug 2012, 04:19

http://www.dailymail.co.uk/sport/football/article-2186454/Manchester-United-shares-trade-huge-discount.html

However, the opening share price of £9 was lower than the £10-£13 initially proposed by the Glazers’ advisers.

At the top end, that would have allowed the American owners and United to split profits of £210m.

Instead, the flotation is expected to raise a total of around £150m, with half going to the Glazers.
It gives United an overall market value of £1.5billion, which falls short of the £1.8bn the owners were believed to have quoted Qatar Holdings when they enquired about buying the club last year.

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Post by cyberman Thu 24 Jan 2013, 19:55

It's trading at over 17 now. Worth 2.3b
There's Other threads on this but I'll put it here
Wanna apologise to the glazers folks?

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Post by cyberman Fri 25 Jan 2013, 04:01

stevieg8 wrote:
cyberman wrote:Ummmm all shares sold according to plan
Did I miss something?

Yes, knowledge of how the business world works.
Ummmmmmm

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