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Washington H. Soul Pattinson and Co. ( (AU:SOL) ) has issued an announcement.
Washington H. Soul Pattinson and Co. has announced a strategic merger with Brickworks, creating a newly capitalized ASX50 diversified investment house with over $13 billion in net assets. This move is part of the company’s ongoing strategy to enhance shareholder value through diversified investments, and it solidifies its position as a major player in the investment industry with a 122-year dividend legacy.
The most recent analyst rating on (AU:SOL) stock is a Hold with a A$43.15 price target. To see the full list of analyst forecasts on Washington H. Soul Pattinson and Co. stock, see the AU:SOL Stock Forecast page.
More about Washington H. Soul Pattinson and Co.
Washington H. Soul Pattinson and Co. is a diversified investment house in Australia, focusing on growing shareholder wealth through a range of investments that perform across market cycles. The company has a flexible asset allocation strategy and aims to own assets that deliver both capital and income growth. It has a history of strategic mergers and diversification into various sectors, including building materials, resources, and media.
Average Trading Volume: 739,644
Technical Sentiment Signal: Buy
Current Market Cap: A$14.68B
For an in-depth examination of SOL stock, go to TipRanks’ Overview page.