Ackman’s Pershing Square Beneficially Holds 30.9 Percent In Newly-listed Platform Specialty (PAH)

A 13G filing by Bill Ackman’s Pershing Square Capital Management shows an aggregate of 33,333,332 shares beneficially owned by each reporting person  in Platform Specialty Products Corp (NYSE:PAH), which acquired MacDermid, a specialty chemicals manufacturer, last year for $1.8B. That is equivalent to a holding of 30.9%.

MacDermid is Platform’s door to specialty chemicals

Platform Specialty Products Corp (NYSE:PAH) was previously known and incorporated as Platform Acquisition Holdings Ltd. Listed on the London Stock Exchange, its avowed mission was to acquire and operate businesses having an enterprise value of between $750M...