Washington H Soul Pattinson and Company Ltd to Merge with Milton Corporation Limited Transcript
Good morning, and thanks, everybody, for joining us today. After a short presentation, we'll be taking some questions. So please feel free to enter your question on the screen where it's provided.
My name is Todd Barlow, and I'm joined by WHSP's CFO, David Grbin. And we're very excited to be speaking about today's announcement of the proposed merger of WHSP and Milton Corporation.
The merger will create a leading, uniquely diversified Australian investment house, which we believe will facilitate enhanced long-term market outperformance and growing dividends. The liquidity in Milton's portfolio will allow us to pursue new investment opportunities across multiple asset classes and further diversify WHSP's portfolio.
WHSP will become a significantly bigger business with a pro forma market capitalization of over $10.5 billion, up to 60,000 shareholders and potential for greater index participation. The merger will bring together 2 of Australia's great investment houses, who have
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