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Soul Patts and Brickworks announce merger worth A$14 billion, ending a 56-year mutual ownership.

Soul Patts and Brickworks announce merger worth A$14 billion, ending a 56-year mutual ownership.

06/02/25, 3:59 AM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/AU.svgsydney
Money
$9 billion
Type
partnership
Washington H. Soul Pattinson and Brickworks have merged, creating a new entity valued at approximately A$14 billion. This merger will simplify their corporate structure and enhance shareholder value, marking the end of a long-standing cross-ownership arrangement.

Company Info

Company
Soul Patts
Location
sydney, new south wales, australia
Additional Info
Soul Patts is an investment house based in Australia, historically involved in various sectors including property and building. It holds significant shares in Brickworks and has been a strategic investor for decades. The company aims to simplify its structure through the merger with Brickworks. Soul Patts has a strong commitment to delivering value for its shareholders.