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Report: Man U IPO delayed

Updated: September 21, 2011, 2:09 PM ET
Associated Press

LONDON -- Manchester United put on hold its $1 billion Singapore stock market offering because of volatile global markets, a person familiar with the situation told The Associated Press.

The person, speaking on condition of anonymity because the club is not discussing its financial plans publicly, said United's American owners are waiting for market conditions to improve before going ahead with the listing. Approval for the initial public offering already had been approved by Singapore's ...

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