Ackman Says He Listed in London for More Liquidity

The transcript discusses Persian Square Holdings' strategy to increase liquidity and investor interest by listing in London. The company aims to narrow its trading discount and become eligible for the Footsie 250 index. A buyback strategy is also being launched to capitalize on undervalued assets. Historical performance, including a significant acquisition challenge, is reviewed, and the company's advantages over typical Footsie 250 companies are highlighted.

Why is Pershing Square Holdings considering listing in London?

• To merge with a UK-based company

• To avoid paying corporate taxes

• To increase liquidity and reduce the discount to NAV

• To diversify its investment portfolio

What is one potential benefit of Pershing Square Holdings becoming a FTSE 250 company?

• Reduced operational costs

• Access to more North American investors

• Higher corporate tax rates

• Increased demand from index funds

What challenge did Pershing Square Holdings face due to its listing in Amsterdam?

• Currency exchange risks

• Limited investor interest

• Regulatory issues

• High listing fees

What strategy is Pershing Square Holdings implementing to address its undervaluation?

• Launching a buyback program

• Increasing dividend payouts

• Reducing operational costs

• Expanding into new markets

How did a past acquisition impact Pershing Square Holdings' return on equity?

• It doubled the return on equity

• It reduced the return on equity

• It had no impact on the return

• It increased the return significantly