Seven Group eyes acquisitions

Voelte tells shareholders of 'tremendous opportunities' to increase value of portfolio.

Seven Group Ltd is on the hunt for new acquisitions as it sheds more than a 1,000 jobs at its earthmoving company WesTrac.

Seven Group chief executive Don Voelte said there were "tremendous opportunities" to increase value from the company's existing portfolio, which includes a stake in Seven West Media Ltd, and add new assets and businesses.

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