Ackman's Pershing Square to increase stake in Howard Hughes in $900 million deal

Reuters

2025/05/05

May 5 (Reuters) - Billionaire investor Bill Ackman's Pershing Square Capital Management will buy 9 million newly issued shares of real estate developer Howard Hughes Holdings HHH.N for $900 million, the companies said on Monday.

(Reporting by Shivansh Tiwary in Bengaluru; Editing by Shinjini Ganguli)

((Shivansh.Tiwary@thomsonreuters.com; +91 9708363192; X: @Shivansh_19_;))

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