Soul Patts delays Brickworks meeting

The long running battle to break up the Soul Pattinson and Brickworks cross shareholding just got longer

Washington H. Soul Pattinson and Company Ltd has been granted an extension of time to call an extraordinary general meeting as it mulls a $2.2 billion proposal to unwind its cross-ownership structure with Brickworks Ltd.

In a statement to the Australian Securities Exchange, the company confirmed it had been granted a November 1 request to extend a meeting requisitioned by activist shareholders M.H. Carnegie & Co. Pty Ltd and Perpetual Investment Management Ltd.

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