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The chemical giant Ineos is reported to be one of two bidders seeking to acquire the English soccer club Manchester United. Media reports suggest that Ineos has made a bid of over $6.2 billion for a majority stake in the club. Ineos CEO Jim Ratcliffe has been a fan of Man U since he was a boy. The Qatari banker Sheikh Jassim bin Hamad Al Thani reportedly is also bidding for the soccer club. Ineos’s portfolio includes a number of nonchemical activities, such as car and clothing manufacturers.
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