The Crux of Seven’s Nexus play

Seven Group Holdings' move for Nexus Energy is more than an opportunistic portfolio investment, and could signal a flurry of acquisitions looming on the horizon.

At face value, Seven Group Holdings’ $26.6 million scheme of arrangement offer to Nexus Energy shareholders might appear opportunistic. However, Kerry Stokes’ willingness to take on $423m of spending commitments in the process signals something more strategic.

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