Israel Readies Sale of Stakes in State Defense Firms by Year-End

Israel is preparing to sell a stake of as much as 30% in its two largest defense companies this year to help fund the nation’s expanding military spending.

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Bloomberg Markets

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Ackman Says It'll Take Weeks, Not Months to Invest IPO Proceeds

Pershing Square founder and CEO Bill Ackman says the company's initial public offering is the "beginning of a journey" during an interview with Dani Burger on "Bloomberg Deals." Ackman’s combined IPO for his closed-end fund and alternative asset manager raised $5 billion. (Source: Bloomberg)

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