Brickworks’ unconventional wisdom

Brickworks has been all over the news lately, for all the wrong reasons. The company is suing major shareholder Perpetual and Mark Carnegie for ‘misleading conduct’ after their campaign against its cross shareholding with Soul Pattinson (both companies own about 40% of each other). On Tuesday, Brickworks got a mention at the NSW Independent Commission Against Corruption (ICAC) regarding an alleged $125,000 donation to the Liberal Party via the Free Enterprise Foundation. Questions are being raised over other donations in the run up to the 2011 Federal election but this one appears above board. Whilst NSW donations to property developers are banned (Brickworks has a...

Brickworks has been all over the news lately, for all the wrong reasons.

The company is suing major shareholder Perpetual and Mark Carnegie for ‘misleading conduct’ after their campaign against its cross shareholding with Soul Pattinson (both companies own about 40% of each other).

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