Ackmans Pershing Square Holdings seeks London listing

← Homepage

Billionaire investor William Ackman's Pershing Square Holdings Ltd said on Thursday it planned to list its shares in London as it seeks to improve liquidity and valuation.

The company, which has a listing on the Euronext Amsterdam stock exchange, said it plans to apply for a premium listing on the London Stock Exchange and that it would be eligible for inclusion in the FTSE UK Index Series following the admission.

The firm has appointed Jefferies International Ltd to act as the sole sponsor and financial adviser on the deal.

After Trump rally, equity investors move into healthcare, retailers NEW YORK High U.S. share prices are pushing Lipper Award-winning equity fund managers into the shares of beaten-down healthcare companies, retailers and emerging-market stocks that they say offer a greater chance for outsized gains.

Emerging markets land top of managers' portfolios with rising rates NEW YORK Rising short-term interest rates in the United States are prompting Lipper Award-winning bond fund managers to add emerging-market debt and non-agency backed residential mortgages that they say offer more potential for gains in the year ahead.