Ackman’s Pershing Square raises $3 billion in fund listing

October 1, 2014
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LONDON (Reuters) – Pershing Square Holdings, one of Bill Ackman’s investment funds, said on Wednesday it had completed a $2.73 billion placing ahead of a stock market listing in Amsterdam.

The firm added the exercise of an over-allotment option would see the value of the placing rise to S$3 billion.

Pershing Square Holdings’ shares are expected to be admitted for listing and trading on Euronext Amsterdam on Oct. 13.

(Reporting By Francesco Canepa; editing by Simon Jessop)

  • Investment & Company Information
  • Finance
  • Bill Ackman

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