Ackman's Pershing Square USA postpones IPO, NYSE website shows (updated)

Pershing Square Holdings

26/07/2024 21:43

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       July 26 (Reuters) - Pershing Square USA, a fund managed
by billionaire Bill Ackman, has postponed its initial public
offering, according to a notice on the New York Stock Exchange's
website on Friday.
    The delay follows Ackman's recent slashing of the
fundraising target for the U.S. fund. 
        The IPO was originally scheduled to price on Monday.
  
        Pershing Square did not immediately respond to a Reuters
request for comment.
  

 (Reporting by Arasu Kannagi Basil in Bengaluru; Editing by
Tasim Zahid)
 ((ArasuKannagi.Basil@thomsonreuters.com;))