Brickworks Ltd (ASX: BKW) is set to be removed from the S&P/ASX 200 Index (ASX: XJO) as the company prepares for its proposed acquisition by Washington H Soul Pattinson & Company (ASX: SOL) Limited.
Image source: Getty Images
What did Brickworks report?
- Brickworks will be removed from the S&P/ASX 200 Index effective before trading opens on Tuesday, 16 September 2025
- This follows a proposed acquisition by Washington H Soul Pattinson & Company Limited, subject to scheme meeting and final court approval
- The S&P/ASX 200 Index change will see Brickworks replaced by Catalyst Metals Ltd (ASX: CYL)
- No regular financial or operational results were reported in this announcement
What else do investors need to know?
Brickworks is set to leave the major Australian index as part of its transition to new ownership, pending approval from shareholders and the courts. The company's removal comes after S&P Dow Jones Indices reviewed its composition following notice of acquisition.
Index changes like this occur whenever there are significant corporate actions, ensuring the S&P/ASX 200 continues to reflect the largest and most liquid companies on the market.
What's next for Brickworks?
If the acquisition receives all necessary approvals, Brickworks will cease trading as an independent listed company. Investors will want to follow announcements from both Brickworks and Washington H Soul Pattinson for updates on the timeline and integration plans.
Meanwhile, Catalyst Metals will take Brickworks' place within the S&P/ASX 200, reflecting ongoing changes in the makeup of major ASX indices.
Brickworks share price snapshot
For the year to date, Brickworks shares have soared 42%, far outpacing the ASX 200 index which is up 7% over the same timeframe.
