Billionaire Bill Ackman Invests in Bremont, Valuing British Watchmaker at Over $100 Million
In business news, Bremont announced that billionaire investor and apparent watch-lover Bill Ackman is buying a minority stake in the British brand, valuing it at just around ~$125 million. Hedge fund manager and CEO of Pershing Square Capital Management, Ackman is putting his personal money into the investment which is described as a “substantial minority”...
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Jan 26, 2023 by Bilal Khan