Pershing Square has announced a formal bid for Howard Hughes, the real estate developer where Ackman served as chairman for over a decade.
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Ackman’s Pershing Square Capital Management announced that its planned IPO for a US closed-end fund will raise $2 billion.
The UK Advertising Standards Authority said Wahed Invest can no longer run posters with flaming US and EU bills.
It’s part of a collection of measures to address the country’s housing crisis, Spain’s Prime Minister Pedro Sánchez says.
The Wall Street firm said parts of its investment banking and markets divisions will be combined to form a team focused on mega-deals.