Ackman's SPARC is seeking new deals with private companies

  • 📰 Reuters
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 97%

Belgique Nouvelles Nouvelles

Belgique Dernières Nouvelles,Belgique Actualités

Pershing Square SPARC Holdings Ltd, said that it will pursue business combinations with privately-held companies after receiving regulatory approval from U.S regulators for distributing special purpose acquisition rights.

The SPARC, an affiliate of billionaire investor Bill Ackman's Pershing Square Tontine Holdings Ltd, is targeting companies that seek to raise a minimum of $1.5 billion of capital, it said in a regulatory filing on Friday.

Ackman's SPARC is a variation of a special purpose acquisition company , the market for which has cooled since its peak in 2021 as investors nursed losses on many deals. Ackman, in an interview with the Wall Street Journal on Sunday, said that he would consider a transaction with Elon Musk's X, formerly known as Twitter. Ackman added that he has no idea if X is interested and would still need to determine whether or not a deal is doable.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 2. in BE

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Ackman's SPARC is seeking new deals with private companies By ReutersAckman's SPARC is seeking new deals with private companies
La source: Investingcom - 🏆 450. / 53 Lire la suite »