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Brickworks Ltd ( (AU:BKW) ) has shared an update.
Brickworks Limited and Washington H. Soul Pattinson and Company Limited have announced an update regarding their proposed merger, which aims to form a newly capitalised ASX-listed company through two interconditional schemes of arrangement. The success of this merger is contingent upon shareholder approvals at upcoming meetings, with subsequent court hearings scheduled to finalize the arrangements. This merger is expected to enhance the companies’ market positioning and provide significant benefits to stakeholders by leveraging combined resources and expertise.
The most recent analyst rating on (AU:BKW) stock is a Hold with a A$34.25 price target. To see the full list of analyst forecasts on Brickworks Ltd stock, see the AU:BKW Stock Forecast page.
More about Brickworks Ltd
Brickworks Limited is a long-established company in Australia, known for its contributions to the construction industry by providing building materials. Over the years, it has played a significant role in shaping the Australian architectural landscape.
YTD Price Performance: 42.75%
Average Trading Volume: 260,561
Technical Sentiment Signal: Buy
Current Market Cap: A$5.45B
For a thorough assessment of BKW stock, go to TipRanks’ Stock Analysis page.