Latest Brickworks (ASX:BKW) News

Washington H. Soul Pattinson and Brickworks have finalized their share schemes, exchanging existing shares for Topco shares and marking Brickworks’ imminent ASX delisting.

Brickworks Limited shares have been suspended from the ASX following court approval of a scheme of arrangement that will see Washington H. Soul Pattison acquire the company through a subsidiary.

Washington H. Soul Pattinson and Brickworks have secured Supreme Court approval for their share schemes, paving the way for the launch of Topco shares on the ASX. Shareholders will transition to Topco shares starting next week, marking a significant step in the companies’ strategic consolidation.

The Supreme Court of New South Wales has approved the merger of Brickworks Limited and Washington H. Soul Pattinson, paving the way for a new ASX-listed entity, First Services Company Ltd. Shareholders will soon exchange their Brickworks shares for Topco shares as trading transitions next week.

Shareholders of Washington H. Soul Pattinson and Brickworks have overwhelmingly approved their respective Share Schemes, paving the way for a landmark merger pending court approval.

Brickworks Limited seeks shareholder approval for a key executive incentive as it moves forward with its $16.9 billion merger with Soul Patts, aiming to create a streamlined and powerful new ASX-listed entity.

Brickworks Limited shareholders convened on 10 September 2025 to vote on a landmark merger with Washington H. Soul Pattinson, creating a new ASX-listed entity, Topco. The deal promises streamlined ownership and enhanced growth prospects.

Brickworks Limited will be removed from the S&P/ASX 200 index on 16 September 2025 following its acquisition of Washington H. Soul Pattinson. Catalyst Metals Limited will replace it, marking a notable shift in the index composition.

Washington H. Soul Pattinson and Brickworks Limited are advancing their proposed merger with key shareholder meetings and Supreme Court hearings scheduled in September 2025.

Brickworks Limited and Washington H. Soul Pattinson have unveiled plans to combine under a newly capitalised ASX-listed entity, Topco, aiming to simplify their complex cross-shareholding and unlock shareholder value. Shareholders are set to vote on the scheme in September, with the merger expected to enhance liquidity and deliver dividend accretion.

Brickworks Limited has announced a fully franked final dividend of 48.4 cents per share for FY2025, linked to Washington H. Soul Pattinson’s dividend as part of their proposed merger. The dividend will be paid regardless of the merger outcome.

Topco, the new ASX-listed entity formed by the merger of Washington H. Soul Pattinson and Brickworks, has secured full equity funding of approximately $1.4 billion, setting the stage for the merger's next phase.