Bill Ackman’s Pershing Square IPO expected to raise $5 billion, Bloomberg News reports

SHARE NOW

April 27 (Reuters) – The U.S. initial public offering of Bill Ackman’s investment management company and a closed-end fund is expected to raise about $5 billion, Bloomberg News reported Monday, citing people familiar with the matter.

(Reporting by Utkarsh Shetti in Bengaluru; Editing by Shailesh Kuber)

Brought to you by www.srnnews.com