DataRoom AM: Seven’s Nexus steal

Seven Group looks set to snap up Nexus Energy for a bargain, while speculation mounts that Stockland could re-enter the race for Australand.

Seven Group may have been shunned by Nexus Energy shareholders in its pursuit of the local energy firm, but it will likely claim control of its target regardless.

Elsewhere, the prospect of a bidding war for Treasury Wine Estates appears remote, Frasers Centrepoint’s proposed takeover of Australand is under a cloud and Medibank Private progresses smoothly towards a fourth quarter listing.


{{ twilioFailed ? 'SMS Code Failed to Send…' : 'SMS Code Sent…' }}

Hi {{ user.FirstName }}

Looks like you've already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

We cannot send you a code via SMS to {{user.DayPhone}}

If you didn't receive SMS code please

SMS code cannot be sent due to: {{ twilioStatus }}

Please select one of the options below:

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device

Verify your mobile number to unlock a FREE trial

Please sign up for full access

Updating information

Please wait ...

  • Mastercard
  • Visa

The email address you entered is registered with InvestSMART.

Please login or select "Don't know password"

Please untick this box when using a public or shared device

Register as a new member

(using a different email)

Related Articles