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British Billionaire Strikes Deal to Acquire Minority Stake in Manchester United

British Billionaire Nears Deal to Acquire Minority Stake in Manchester United
British Billionaire Nears Deal to Acquire Minority Stake in Manchester United


Updated Dec. 24, 2023 10:36 am ET

British billionaire Jim Ratcliffe has struck an agreement to buy a minority stake in Manchester United in a deal that values the renowned soccer club at around $6.3 billion including debt and ends more than a yearlong sales process.

The deal is expected to be announced later Sunday.

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