Table of Contents
- Pershing Square shares are traded in both the Netherlands and the United Kingdom.
Concern: American billionaire Bill Ackman
American billionaire Bill Ackman plans to delist his investment fund in Amsterdam in favor of London after anti-Semitic attacks on football fans in the Dutch capital.
Stocks in Pershing Square They are traded in both the Netherlands and the United Kingdom, where the stock is listed on the FTSE 100 index of blue-chip companies.
Ackman (pictured), who founded the fund and still owns a 23 percent stake, said he will ask the board to cancel the listing in Amsterdam after violence against Israeli fans on Thursday night.
And the hedge fund tycoon, who is worth around £6bn according to Bloomberg, said he is in talks with Universal Music Group to move the record label’s headquarters and its listing from the Netherlands to New York. He is a major investor in Universal Music and sits on the board of directors.
Pershing Square had been thinking about delisting in Amsterdam for a while, but the violence was the “tipping point,” he said. The majority of the fund’s trading volume currently takes place on the London stock market.
In a post on .
Dutch police arrested 62 people following attacks on Israeli football fans in Amsterdam following the Europa League match between Ajax and Maccabi Tel Aviv.
Dutch Prime Minister Dick Schoof said yesterday that he was “ashamed by what happened in the Netherlands.”
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