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Market Rumors: Pershing Square, BNP Paribas, Brazil

By Chelsea Naso (September 3, 2014, 5:33 PM EDT) -- Billionaire activist investor William Ackman has picked Deutsche Bank and UBS to handle the listing of one of his hedge fund portfolios in London later this year, sources told Reuters on Wednesday. Last month, Ackman laid out plans to float Pershing Square Capital Management LP, opening up the fund to the general public as he looks to build a stronger foothold for campaigns targeting large companies....

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