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1 min read

Bill Ackman is planning to take Pershing Square public: report

Bill Ackman plans to take Pershing Square public and could score a roughly $10.5 billion valuation,…

Grace Eliza Goodwin   


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1 min read

Billionaire hedge fund manager investor Bill Ackman warns more banks will collapse

Billionaire hedge fund manager Bill Ackman says more banks will probably fail even if U.S. authorit…

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3 mins read

300-year-old Bandra village to get facelift to conserve its glorious past

Ranwar village in Bandra, Mumbai, has been able to maintain its old-world charm amidst rapid urban …

PTI   


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Billionaire investor Bill Ackman reveals a $1.2 billion bet on Canadian Pacific Railway

Ackman's Pershing Square hedge fund has exposure to 14.8 million shares of the railroad company thr…

Theron Mohamed   


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2 mins read

Retail space demand in shopping malls rises 15% in April-June across major Indian cities: Cushman & Wakefield

Owing to better demand from retailers, leasing of retail spaces in shopping malls across eight majo…

PTI   


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Billionaire investor Bill Ackman loses around $400 million as he dumps entire Netflix stake after just 3 months

Netflix's share price crashed 35% in one day after the streaming service said it lost 200,000 subsc…

Huileng Tan   


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Bill Ackman's Pershing Square has potentially lost $400 million on paper after buying Netflix stock in January

Netflix shares plummeted on Wednesday as investors reacted to slower growth and a shrinking subscri…

Theron Mohamed   


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1 min read

Billionaire investor Bill Ackman tells investors he will no longer engage in activist short-selling

Pershing Square has "permanently retired from this line of work," said boss Bill Ackman about activ…

Carla Mozée   


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6 mins read

These 7 comedians built a business playing 'Dungeons & Dragons.' Now they're taking that magic to Madison Square Garden.

Brennan Lee Mulligan and the "Dimension 20" crew carved out a solid niche in the nerdworld business…

Cheryl Teh   


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2 mins read

Bill Ackman will return his SPAC's $4 billion if his next-generation SPARC is approved. He quoted Warren Buffett to explain why.

The billionaire investor wants to focus on his new acquisition vehicle, as a lawsuit threatens to s…

Theron Mohamed   


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2 mins read

'Bond King' Jeff Gundlach urges the Fed to immediately raise interest rates to 3% and Bill Ackman calls for rapid-fire hikes of 100 basis points

Gundlach called on the Fed to raise interest rates by at least 200 basis points at its Wednesday me…

Theron Mohamed   


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Billionaire investor Bill Ackman has likely scored a $200 million gain on Domino's Pizza stock in the past 14 weeks

Ackman's Pershing Square boasted a $749 million stake in Domino's at the end of March, and the stoc…

Theron Mohamed   


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Hedge fund manager Bill Ackman's mega-SPAC seals $4 billion deal to buy 10% of Universal Music

The billionaire investor is already working on another multibillion-dollar deal and has drafted pla…

Theron Mohamed   


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2 mins read

Billionaire investor Bill Ackman might land his $4 billion Universal Music deal thanks to his song-writing grandfather

The Pershing Square chief told Universal executives about his grandfather's hit song in 1926. They …

Theron Mohamed   


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1 min read

Billionaire investor Bill Ackman is giving 26.5 million shares of Coupang to the Pershing Square Foundation and another non-profit

Billionaire hedge fund manager Bill Ackman is giving away 26.5 million shares of Coupang, worth $1.…

Will Daniel   


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2 mins read

Theron Mohamed   


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2 mins read

Billionaire investor Bill Ackman's SPAC is close to buying 10% of Universal Music, report says

Ackman's Pershing Square Tontine Holdings (PSTH) is reportedly nearing agreement on a deal valuing …

Theron Mohamed   


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2 mins read

Billionaire investor Bill Ackman swapped out Starbucks for Domino's Pizza last quarter - and trimmed 5 of his 6 other holdings

Ackman's Pershing Square hedge fund cut its stakes in Agilent, Chipotle, Hilton, Lowe's, and Restau…

Theron Mohamed   


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2 mins read

Billionaire investor Bill Ackman hopes to close his mega SPAC deal within weeks - and called his target an 'iconic' business

Ackman's Pershing Square Tontine Holdings has been working to buy a piece of the chosen company sin…

Theron Mohamed   


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3 mins read

Theron Mohamed  Â