Latest news with #PeterRae
AU Financial Review
4 days ago
- Business
- AU Financial Review
Soul Patts, Brickworks agree to $14b merger; $500m raise launched
Investment house Soul Patts is set to merge with Brickworks, forming a $14 billion ASX-listed investments, private capital, property and building products giant, Street Talk understands. Chairman Robert Millner at the Washington H, Soul Patts AGM in 2023. Peter Rae One of the world's biggest proxy advice firms has taken aim at Eagers. But the drive-by misses the point: management's alignment with shareholders is good. Under the deal, Carlyle and Varde has committed to injecting $50 million to $60 million to allow for a full refinancing and to leave Bis with some working capital. See all Washington H Soul Pattinson & Company news
AU Financial Review
4 days ago
- Business
- AU Financial Review
Soul Patts set to merge with Brickworks; $500m raise launched
Investment house Washington H. Soul Pattinson is set to merge with Brickworks, forming a $14 billion ASX-listed behemoth, Street Talk understands. Chairman Robert Millner at the Washington H Soul Patts AGM in 2023. Peter Rae One of the world's biggest proxy advice firms has taken aim at Eagers. But the drive-by misses the point: management's alignment with shareholders is good. Under the deal, Carlyle and Varde has committed to injecting $50 million to $60 million to allow for a full refinancing and to leave Bis with some working capital. See all Washington H Soul Pattinson & Company news
