Ackman's Pershing Square to increase stake in Howard Hughes in $900 million deal
Reuters
May 05
Ackman's Pershing Square to increase stake in Howard Hughes in $900 million deal
May 5 (Reuters) - Billionaire investor Bill Ackman's Pershing Square Capital Management will buy 9 million newly issued shares of real estate developer Howard Hughes Holdings HHH.N for $900 million, the companies said on Monday.
(Reporting by Shivansh Tiwary in Bengaluru; Editing by Shinjini Ganguli)
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