This is what the Soul Patts deal is really about
There was no shortage of nostalgia floating around Australian capital markets on Monday as Washington H Soul Pattinson announced their $14 billion merger with Brickworks, and the end of the cross-shareholding that has bound the two groups together for more than half a century.
But investors are a notoriously unsentimental lot and focus very quickly turned to the big question that surrounds this deal: why now?
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