Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Brickworks Ltd ( (AU:BKW) ) just unveiled an announcement.
Brickworks Limited, a company listed on the Australian Securities Exchange, will have its securities suspended from quotation following a scheme of arrangement. This scheme involves Washington H. Soul Pattison and Company Limited acquiring all issued shares of Brickworks through its subsidiary, Second Services Company Pty Ltd. The suspension follows the approval of the scheme by the Supreme Court of New South Wales and its lodgement with the Australian Securities and Investments Commission. This acquisition marks a significant change in ownership for Brickworks, potentially impacting its market positioning and stakeholders.
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
YTD Price Performance: 38.76%
Average Trading Volume: 228,983
Technical Sentiment Signal: Buy
Current Market Cap: A$5.3B
Learn more about BKW stock on TipRanks’ Stock Analysis page.