Sheikh Jassim is set to complete his GBP 6B takeover of Manchester United by mid-October, Neil Custis of The Sun reports. Sheikh Jassim “has fought off” rival bidder British billionaire Sir Jim Ratcliffe, who was willing to allow the Glazer family to retain a stake in the Red Devils, according to the paper. A date is “penciled in and an announcement could come as early as next month,” according to Custis. Shares of Manchester United are up 10%, or $2.10, to $23.90 in premarket trading.
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