BREAKING NEWS: Nike Shares Spike as Activist Investor Bill Ackman’s Pershing Square Reveals £229 Million (approximately $316 million) Stake
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Pershing Square Reveals Sizeable Stake in English Fashion
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American multinational corporation’s shares skyrocket after revelations of new 7% shareholding of UK-based design and sales multinational
Nike Inc [NIKE Quick Quote & Chart], [Nike Latest Share Price – £27.42]. As published, Bill Ackman’s multinational fund company, Pershing Square Holdings Ltd’s stake surpasses expectations.
PERSHINGSQUARE HOLDS EMISSIONS CONTROL, ENABLING 10 MIRACLE-BAJTINKOVSTH [0:09]
Newest [SE] Report Suggest Bill Ackman Seeking Increased Influence
The influential entrepreneur has earned an opportunity of potentially
"Sign and Make It an Impact by being in your position."
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The breaking news: Bill Ackman’s multi-fund portfolio company holding company Pershing Square recently discloses purchasing approximately an extraordinary 7 % share of world-known athletic leisure wear as footwear manufacturer
The amount worth of total share value from its total Nike Inc for sale to sell and keep 11 million USD as USD [approx value USD
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As news breaks – **$320 million. With regards.
This comes amidst rumors over recent week from 0 regarding Nike footwear for Nike Footwear; so they and there that here.
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Shares of Nike Inc (NYSE:NKE). 5.1% gained in afterhours trading Wednesday after Pershing Square Capital Management LP, the hedge fund led by billionaire investor Bill Ackman, disclosed a new position in the sportswear giant.
The stake, comprising approximately 3 million shares, was valued at around $229 million at the end of the second quarter.
The disclosure was made through a 13F filing, a quarterly report filed by institutional investment managers to the U.S. Securities and Exchange Commission that provides insights into their equity holdings.
The acquisition of shares by Pershing Square adds to its portfolio of investments, which also saw the addition of new stakes in investment management company Brookfield during the same period.
The announcement of these new positions has drawn attention to the investment strategies of Ackman, who is known for his high-profile bets in the market.
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