Rangers FC kicks off flotation

Rangers, the Glasgow football club which went into administration earlier this year, is to float on AIM before the end of the year.

Rangers, the Glasgow football club which went into administration earlier this year, is to float on AIM before the end of the year.

The blue half of Glasgow's "Old Firm" (Rangers & Celtic) intends to raise up to £20m through a placing of shares with institutional investors, and a limited public offering.

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