U.S. Hedge Fund Elliott to offer financing for Manchester United takeover bid – Reuters
- Date: 19-Feb-2023
- Source: Reuters
- Sector:Financial Markets
- Country:Qatar
U.S. Hedge Fund Elliott to offer financing for Manchester United takeover bid – Reuters
Feb 18 (Reuters) - U.S.-based hedge fund giant Elliott Investment Management is planning to offer financing for a bid to take over Manchester United Plc (MANU.N), sources close to the matter told Reuters.
The fund has ruled itself out of a full takeover of the Premier League soccer club, the source added on Saturday.
It is unclear at this stage which bid Elliott, who owned Serie A champions AC Milan until last year, will be involved in.
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