M & A - Guangdong Rising bid for PanAust

Chinese state-owned company Guangdong Rising Assets Management (GRAM) has made a bid for Laos copper-gold-silver producer PanAust which values the ASX-listed company at more than Aus$1.4 billion. PanAust operates the Phu Kham and Ban Houayxai projects in Laos, produces close to a third of the developing South East Asian nation's exports and accounts for almost 8% of GDP.

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EXPORTS - International trade must be supported

International trade is a key driver for Australia’s future economic growth and must be supported by government if Australia wants to take full advantage of the recently negotiated trade agreements. Competitors are ramping up to take advantage of global opportunities and this could be of great detriment to Australia’s future growth, says the Export Council of Australia.

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SUPPLIERS - Acquisition complements ESAB footprint

ESAB, a member of the Colfax group of companies, announces that Colfax Corporation has completed the acquisition of Victor Technologies Holdings. Victor is a pre-eminent global manufacturer of cutting, gas control and specialty welding solutions with many strong brands that are well-recognized around the globe.

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