Seven to have say in Nexus outcome

Seven has contingency plan should Nexus shareholders vote its bid down.

Seven Group Holdings has declared it will have a big say in the future of beleaguered Nexus Energy even if shareholders vote down a $438 million takeover bid, highlighting its rights as the major senior debt holder.

Seven chief operating officer Ryan Stokes and chief financial officer Richard Richards yesterday kicked off a round of investor briefings in Sydney to sell the bid for Nexus.


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