Washington H. Soul Pattinson and Company Limited SOL.ASX

Washington H Soul Pattinson and Company Limited is an investment company operating in Australia. The company manages equity investments across a wide range of industries. Based in Sydney, Australia, it was incorporated in 1903.

Washington H Soul Pattinson and Company originally owned and operated Australian pharmacies. The company’s portfolio has since expanded to include investments in retail, telecommunications, agriculture, building materials, natural resources, investments, corporate advisory and property equity. Washington H Soul Pattinson and Company operates its business through four segments, including TPG Telecom Limited (TPG), New Hope Corporation Limited (New Hope), Brickworks Limited (Brickworks) and Round Oak Minerals Pty Limited (Round Oak).

In June 2021, the company announced plans to merge with Milton Corporation Limited, an Australian investment company, in a deal valued at approximately $3.05bn. The merger is anticipated to broaden the company’s exposure to other asset classes, including global equities. Stock for Washington H Soul Pattinson and Company trades under the ticker SOL on the Australian Securities Exchange. The company has been traded on the exchange since February 1903, making it the second oldest publicly listed company on the exchange.

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