LONDON (Alliance News) - Investment trust Pershing Square Holdings Ltd on Wednesday launched a tender offer worth up to USD300.0 million.
Pershing said the strike price will be set on the basis of valid tenders made by shareholders at a price between a 15% and 25% discount to its net asset value per share as of May 9, with the offer to close the day after.
Shares were down 1.1% on Wednesday at 911.00 pence each.
Pershing Square Holdings (PSH)