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Soul Patts and Brickworks announce merger worth A$14 billion, ending a 56-year mutual ownership.
Jun 02, 2025•about 1 year ago
Contract Type
partnership
SydneyInvestment Management
Description
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 Information
Company
Washington H. Soul Pattinson and Company Limited
Location
151 Clarence St
Sydney, New South Wales, Australia
About
Washington H. Soul Pattinson is an Australian public company with a rich history dating back to 1903. Originally focused on pharmacies, it has transformed into a diversified investment house with interests across multiple sectors. Its portfolio is characterized by uncorrelated assets, providing resilience and adaptability.
SydneyInvestment Management