Ty Roush is a New York City-based breaking news reporter who frequently covers Russia’s invasion of Ukraine, the automotive industry and sports money. He joined Forbes in 2022 and has covered Exxon acquiring Pioneer for nearly $60 billion, a mysterious respiratory illness affecting dogs across the U.S.
Bill Ackman , the billionaire founder and CEO of Pershing Square Holdings, said Friday he has requested approval from the hedge fund’s board to remove the company’s listing from Amsterdam ’s stock exchange, citing a series of antisemitic attacks in the Dutch city this week.
Removing Pershing Square’s listing in Amsterdam will allow trading to concentrate on the company’s listing on the London Stock Exchange, which represents more than 90% of its trading, Ackman said. Ackman said he has also spoken with Universal Music Group—whose board Ackman sits on—to move its listing from Amsterdam to the U.S., suggesting the move will “offer … highly material benefits.”We’re launching text message alerts so you'll always know the biggest stories shaping the day’s headlines.
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