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Topco Secures $1.4 Billion Funding Milestone Ahead of Soul Patts-Brickworks Merger

9:59am on Monday 7th of July, 2025 AEST Industrial Conglomerates
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Topco Secures $1.4 Billion Funding Milestone Ahead of Soul Patts-Brickworks Merger

9:59am on Monday 7th of July, 2025 AEST
Key Points
  • Topco raises $1.4 billion through fully underwritten equity placements
  • Funding to reduce Brickworks’ debt and address Soul Patts’ convertible bond
  • Placement accelerated due to strong investor demand
  • No additional shares needed ahead of shareholder scheme votes
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about Washington H. Soul Pattinson and Company (ASX:SOL)
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