Bill Ackman’s Pershing Square Holdings is set to delist from Euronext Amsterdam, a move expected to streamline trading and reduce costs. The decision, announced recently, reflects a strategic shift towards concentrating trading volume on its primary listing in New York.
Pershing Square, known for its concentrated, activist investment strategy, has seen the majority of its trading activity migrate to the NYSE. Company representatives say the Amsterdam listing no longer provides significant benefits. Delisting is anticipated to simplify regulatory compliance and administrative overhead, contributing to greater efficiency.
The company expects the delisting to be effective later this year, subject to regulatory approvals. Shareholders have been notified, and the company is working to ensure a smooth transition. Pershing Square remains committed to its investors, but believes this strategic adjustment will benefit stakeholders. The move follows similar decisions by other companies seeking to consolidate their listings and reduce complexities. The company emphasized that this decision was made after careful consideration. Finishtit
