Who wants to buy an Australian manufacturer?

Comment by Peter Roberts Everyone seems to want to buy Australia’s iconic manufacturers – except Australians it seems. Despite a multi-trillion dollar superannuation nest egg built up by working Australians, why is it so often only foreign interests that can see value in our manufacturers? Just this past week Arnott’s biscuits, part of Campbell Soup…

Aristocrat and Ainsworth headed for court

Australia’s two leading manufacturers of gaming machines, Aristocrat Leisure (ASX: ALL) and Ainsworth Game Technology (ASX: AGI) are headed for a hard-fought patent battle in the federal court. Ainsworth announced it would be vigorously defending action by Aristocrat that alleges it infringed the comppany’s patent rights and Australian Consumer Law. Aristocrat maintains Ainsworth stole technology…