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June 2, 2025

Stocks Surge After Merger of Soul Patts and Brickworks Ends Long Partnership

Stocks of Australiaโ€™s Soul Patts and Brickworks surged following news of their merger, which ends a 56-year cross-ownership relationship. The newly formed company, listing in Sydney, intends to acquire all outstanding shares of both entities. This merger is projected to create a powerful entity worth around A$14 billion ($9 billion). Investors should consider the implications of this merger, as it could lead to increased market competitiveness and growth opportunities.

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