Deals
Manchester United Seeks Up to $333 Million in IPO
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Manchester United Ltd., the English soccer team with a record 19 national championships, plans to raise as much as $333 million in a U.S. initial public offering.
The company and its selling shareholder, the Glazer family, are offering 16.7 million shares at $16 to $20 each, according to a regulatory filing yesterday. United, whose players include England’s striker Wayne Rooney and Welshman Ryan Giggs, is scheduled to price the U.S. IPO on Aug. 9, according to data compiled by Bloomberg.