Takeover bid for Newcastle

Updated: 25 May 2007 18:08 IST

London:

British entrepreneur Mike Ashley on Wednesday launched a takeover bid for Newcastle United
worth 133 million pounds after netting almost half of the English Premiership club.

Ashley's takeover vehicle, St James Holdings Limited, has acquired more than 55 million shares, each priced at 100 pence.

Topics : Football Liverpool Newcastle United
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