Reuters logo
Ackman's Pershing Square raises $3 bln in fund listing
October 1, 2014 / 10:04 AM / 3 years ago

Ackman's Pershing Square raises $3 bln in fund listing

LONDON, Oct 1 (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)

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below