@UtdXclusive Tweeted: Ratcliffe had hoped to complete a deal for #mufc by now but there are no guarantees it will be wrapped up before Thanksgiving on Thursday, and some close to the process fear it could be next week before an announcement is forthcoming
Portfolio Pulse from Charles Gross
Sir Jim Ratcliffe's anticipated acquisition of Manchester United (MANU) may not be finalized before Thanksgiving as initially hoped. Concerns arise that the announcement could be delayed until the following week.
November 21, 2023 | 11:39 am
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NEUTRAL IMPACT
The potential delay in the acquisition of Manchester United by Sir Jim Ratcliffe could lead to short-term uncertainty in MANU's stock price.
The news of a potential delay in the acquisition could lead to short-term uncertainty among investors, as the market generally dislikes uncertainty. However, since the deal is still likely to go through, albeit with a delay, the impact may be neutral to slightly negative in the short term.
CONFIDENCE 75
IMPORTANCE 70
RELEVANCE 80