Plus, credit rating agencies get into a spat and DD readers respond to Bill Ackman’s latest push to build a conglomerate
Hard-charging hedge fund boss faces steep hurdles in bid to emulate Warren Buffett
Plus, CATL sells shares to fuel global expansion and DHL teams up with Evri
Billionaire financier’s bid to emulate the Oracle of Omaha comes with some quirks
Financier assumes effective control of Howard Hughes and will shift its strategy to hunt for acquisitions
Billionaire’s Pershing Square Holdings bet on tariff-exposed stocks like Nike
The pair argue that players are being short-changed by the game’s power brokers
Ride-hailing group is ‘one of the best managed and highest quality businesses in the world’, activist investor says
Hedge fund manager suggested healthcare group could be inflating its profits
Public markets today rarely offer bargains — the Oracle of Omaha built his edifice some 60 years ago
Plus, the big hopes hanging on the UK’s IPO market this year and Jefferies lands a mega healthcare deal
Investor is seeking control of US real estate company in push to transform his hedge fund into a diversified financial group
Bill Ackman sounded out but decided not to participate in auction for British broadsheet
Balance is needed on incentives to ensure Pershing Square USA fund does not struggle after floating
Plus, Arizona iced tea takes on investment bank Evercore in court and arrest of Telegram founder churns up financial troubles
US fund relaunch could include right to buy extra shares or stock in billionaire’s hedge fund
Fund eyes real estate company Howard Hughes after recent attempt to take US entity public came to abrupt halt
Plus, cash piles up, investing in classic cars, and school’s out for summer
What started as a characteristically bold scheme came crashing down after a startling series of setbacks
Ack-man of La Mancha
Plus, Ares raises a record private credit fund and Rio Tinto stays out of the mining dealmaking frenzy
Decision follows vastly lowered target and delay in pricing
“Well-positioned businesses are pricing their IPOs above price talk and are trading well in the aftermarket”
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