Soul Patts and Brickworks: The great unwinding – Part 2

In the second part of this series, we reassess one of Australia's oldest listed businesses.

Washington H Soul Pattinson started life in 1872 as a single pharmacy in Sydney’s CBD. Thirty-one years later it listed on the Sydney Stock Exchange, making it one of Australia’s oldest listed businesses after Elders, AGL Energy and Westpac.

A further 110 years down the track, it has transformed into a $4bn holding company, with interests reaching from coal and copper to telecommunications and property – there’s even an odd chemist still amongst the mix.

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