English football club Manchester United is negotiating granting exclusivity to the consortium led by Qatar’s Sheikh Jassim bin Hamad al-Thani in talks to sell itself for more than $6 billion, people familiar with the matter said on Thursday.
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Manchester United shares jumped on Tuesday, having surged as much as 30% in premarket trading, after Qatari media suggested Sheikh Jassim bin Hamad al-Thani was likely to succeed with his takeover bid.
Shares in Manchester United jumped 8% in premarket trading Wednesday following reports that Qatari banker Sheikh Jassim Bin Hamad Al Thani has made an improved bid for the soccer club.
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