Guangdong Rising lowers offer for Australian miner PanAust in renewed bid

China's Guangdong Rising Assets Management made a third takeover offer for Australian copper and gold miner PanAust, valuing the company at A$1.1 billion (HK$6.6 billion), 26 per cent less than just 10 months ago.

via South China Morning Post - Business feed http://ift.tt/1Nz4rty