Rothschild, Qatar Holding Invest in Ackman’s Pershing Square IPO - Bloomberg:
"Qatar Holding LLC and Rothschild units are among the key investors in the European initial public offering of Pershing Square Holdings Ltd., one of the funds managed by activist investor Bill Ackman.
Rothschild Bank AG and Rothschild Wealth Management UK Ltd. bought shares worth a combined $273.9 million in the $2.7 billion IPO, according to the sale prospectus. Each share was priced at $25. Qatar Holding bought a stake worth $140.8 million.
The company increased the size of the IPO from $2 billion amid strong investor demand. Parent company Pershing Square Capital Management LP and associated funds have about $14 billion under management, including key stakes in Allergan Inc. (AGN) and Burger King Worldwide Inc."
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