Jim Ratcliffe strikes deal to acquire minority stake in Manchester United

Jim Ratcliffe strikes deal to acquire minority stake in Manchester United

Sports

Jim Ratcliffe strikes deal to acquire minority stake in Manchester United

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(Reuters) - Ineos Chief Executive Jim Ratcliffe will acquire a minority stake in Manchester United (MANU.N) at $33 per share value for a 25% stake, giving the club an enterprise value of $6.3 billion, in a deal that will be announced today, according to a source familiar with the matter.