Brickworks and Soul Patts: Underneath the ‘top-hat’

In this episode of the It’s Public podcast, Daniel Natale sits down with David Friedlander, Jennifer Cheung and Rob Kelly to discuss the landmark $14 billion Brickworks–Soul Patts merger - a deal that ended more than half a century of cross-ownership. The conversation explores how the parties found valuation common ground in a scrip-for-scrip transaction, and how capital markets stepped up to support the deal. They discuss: The history of the cross-shareholding and how it endured for more tha...