Bill Ackman's blank check company raises US$4 billion in US IPO

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 32 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 66%

United States News News

United States United States Latest News,United States United States Headlines

Pershing Square Tontine Holdings Ltd has raised US$4 billion in its U.S. initial public offering, the blank check company backed by billionaire ...

Pershing Square Tontine Holdings Ltd has raised US$4 billion in its U.S. initial public offering, the blank check company backed by billionaire investor Bill Ackman said on Wednesday.

FILE PHOTO: Bill Ackman, CEO of Pershing Square Capital, speaks at the Wall Street Journal Digital Conference in Laguna Beach, California, U.S., October 17, 2017. REUTERS/Mike BlakeREUTERS: Pershing Square Tontine Holdings Ltd has raised US$4 billion in its U.S. initial public offering, the blank check company backed by billionaire investor Bill Ackman said on Wednesday.

The firm sold http://pdf.reuters.com/htmlnews/htmlnews.asp?i=43059c3bf0e37541&u=urn:newsml:reuters.com:20200722:nBw9dglnRa 200 million units at US$20 each making it the largest ever IPO by a special purpose acquisition company.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in US

United States United States Latest News, United States United States Headlines