Shares in Manchester United fell more than 11% premarket, on disappointment the English Premier League soccer club won’t be bought outright at a premium. Over the weekend, Sheikh Jassim Bin Hamad al-Thani, chairman of Qatar Islamic Bank, withdrew from bidding after failing to agree on valuation with the Glazer family, which controls the club.
Instead, the Glazers are nearing a deal to sell a minority stake to British billionaire Jim Ratcliffe, people familiar with the matter said. Ratcliffe would buy 25% or more of Manchester United’s nonvoting shares, which trade on the New York Stock Exchange, and an equivalent voting stake from the Glazer family, the people said. Ratcliffe is expected to pay a significant premium, but investors will only be able to sell some of their holdings.
Wij hebben dit nieuws samengevat zodat u het snel kunt lezen. Bent u geïnteresseerd in het nieuws, dan kunt u hier de volledige tekst lezen. Lees verder:
Nederland Laatste Nieuws, Nederland Headlines
Similar News:Je kunt ook nieuwsberichten lezen die vergelijkbaar zijn met deze die we uit andere nieuwsbronnen hebben verzameld.
Stock market today: Asian shares sink as investors brace for Israeli invasion of GazaShares have fallen in Asia as investors braced for an expected invasion of Gaza by Israel.
Bron: ksatnews - 🏆 442. / 53 Lees verder »
Stock market today: Asian shares sink as investors brace for Israeli invasion of GazaShares have fallen in Asia as investors braced for an expected invasion of Gaza by Israel.
Bron: wjxt4 - 🏆 246. / 63 Lees verder »
Why Treasurys could give the U.S. stock market a green light for a year-end rallyThe Fed will not drop its ‘higher-for-longer’ interest rate narrative until it sees cracks on the consumer side of the market, says Thierry Wizman of Macquarie
Bron: MarketWatch - 🏆 3. / 97 Lees verder »
Streaming Giants Netflix, Disney to Lead Next Bullish Trend in the Stock Market?Stocks Analysis by Investing.com (Calogero Selvaggio) covering: S&P 500, US Small Cap 2000, Microsoft Corporation, Walt Disney Company. Read Investing.com (Calogero Selvaggio)'s latest article on Investing.com
Bron: Investingcom - 🏆 450. / 53 Lees verder »
Here are 3 things to watch in the stock market after a very difficult weekNext week features tons of Fed speak, key economic data, and two more earnings reports from Club stocks.
Bron: CNBC - 🏆 12. / 72 Lees verder »