Brickworks and Soul Patts EGMs delayed

The pending shareholder meetings for Brickworks and Washington H Soul Pattinson to vote on the Perpetual/Carnegie proposal to unwind the decades old cross share holding between the two has been delayed until late February at the earliest. Shareholders needn't take any action yet.  The delay has been requested by each company’s Independent Board Committee as they await two critical rulings. The first from the Australian Tax Office as to how much tax would be payable if the proposal went ahead. Estimates range from less than $200m to multiples of that. The second pending ruling is from the ASX, who have to decide...

The pending shareholder meetings for Brickworks and Washington H Soul Pattinson to vote on the Perpetual/Carnegie proposal to unwind the decades old cross share holding between the two has been delayed until late February at the earliest. Shareholders needn't take any action yet. 

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