Billionaire hedge fund manager Bill Ackman is looking to deslist Pershing Square Holdings (PSH) and Universal Music Group (UMG) from the Euronext stock exchange based in Amsterdam following recent attacks against Israeli sports fans in the city.
On Nov. 7, Israeli soccer fans were targeted in violent attacks after a match in Amsterdam, Netherlands. Social media videos show people running frantically amid the chaos, mobs shouting “Free Palestine” and checking people’s passports to identify Israeli nationals. Following the incident, Ackman said he is “going to seek approval from the board of Pershing Square Holdings—in which I and my family own 23 percent of the shares—to eliminate its listing on the @euronext Amsterdam exchange,” according to a Nov. 8 X post.
