Bill Ackman to Delist Pershing Square and UMG from Amsterdam Following Antisemitic Attacks

The billionaire investor cites moral and business reasons for moving listings after Israeli soccer fans were attacked in the Dutch capital.

Bill Ackman announced plans to remove Pershing Square Holdings and Universal Music Group from the Amsterdam stock exchange after antisemitic attacks on Israeli soccer fans.
Ackman, who owns a significant stake in Pershing Square, stated that most of the firm's trading already occurs on the London Stock Exchange.
The attacks in Amsterdam, described as 'antisemitic hit-and-run squads' by the city's mayor, resulted in multiple arrests and injuries.
Ackman emphasized that leaving Amsterdam aligns with both moral principles and sound business strategy, aiming to protect minority populations and improve shareholder liquidity.
Discussions are underway to relocate Universal Music Group's listing and headquarters to the United States by next year, leveraging Pershing Square's contractual rights.