Business
‘The big mall short’: Icahn scores $1.8b betting against shopping centres – Sydney Morning Herald
Corporate raider Carl Icahn’s bet on the downfall of brick-and-mortar retailers produced a $1.8 billion gain during the June half as they were hit by the coronavirus pandemic.
Star investor and corporate raider Carl Icahn’s bet on the downfall of brick-and-mortar retailers produced a $US1.3 billion ($1.82 billion) gain during the first half of the year as they struggled in the coronavirus pandemic.
The profit came from a short position on…
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