Billionaire Nicolas Berggruen's Justice Holdings JUSH.L fund raised a greater than planned 900 million pounds ($1.45 billion) from its listing on Monday, after hedge fund manager William Ackman bought in to the deal. Ackman, who joined the German-American investor and his business partner Martin Franklin as a company founder during the fundraising, bought almost a third of the 90 million shares sold, through his Pershing Square funds, Justice said on Monday. Last week sources close to the deal told Reuters that Berggruen and Franklin, who each bought just over 3 million shares in Justice, had been seeking to raise around 700 million pounds from the London listing and were offering the stock at 1,000 pence per share. [ID:nLDE7160GA]
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