Bill Ackman's Pershing Square rejigs Universal stake acquisition
By Michele Maatouk
Date: Monday 19 Jul 2021
(Sharecast News) - Bill Ackman's Pershing Square Holdings will now look to buy a 10% stake in Universal Music from France's Vivendi after US authorities blocked its attempts to use a special purpose acquisition company (SPAC) - Pershing Square Tontine Holdings - to do the deal.
Homeserve set to give up FTSE 100 spot to Pershing Square
By Sean Farrell
Date: Monday 30 Nov 2020
(Sharecast News) - Homeserve is set to drop out of the FTSE 100 on Wednesday after a brief stay as investors shift their bets from steady earners to undervalued shares with Covid-19 vaccines in the pipeline.