Pershing Square Capital Management, L.P. Reports Primary Sale Of 10% Common Equity Interest In Pershing Square Holdco, L.P. For $1.05B To Consortium Of Strategic Investors Including Arch Capital
Portfolio Pulse from Benzinga Newsdesk
Pershing Square Capital Management (PSCM) has sold a 10% common equity interest in Pershing Square Holdco, L.P. for $1.05 billion to a consortium of strategic investors, including Arch Capital. An independent Board of Directors has also been established.
June 03, 2024 | 11:13 am
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Arch Capital is part of the consortium that acquired a 10% equity interest in Pershing Square Holdco, L.P. for $1.05 billion.
Arch Capital's involvement in a significant investment deal with Pershing Square could positively impact its stock price due to potential strategic benefits and increased market confidence.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80