Stokes primes for company-changer

IT HAS taken almost three years but Slugcatcher suspects the oil interests of Australian media and industrial equipment billionaire Kerry Stokes are on the verge of a great leap forward as Beach Energy gets ready to double in size and snatch a spot in the ASX’s top 150.

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The deal driving Beach up the pecking order of corporate Australia is the likely acquisition of the conventional oil and gas assets of Origin Energy.