Re: Goninans Sold

["Exnarc" <gwrly@netspace.net.au>]

Matthew Geier <matthew@mail.usyd.edu.au> wrote in message
7otgsg$5rh$1@metro.ucc.usyd.edu.au">news:7otgsg$5rh$1@metro.ucc.usyd.edu.au...
> In article <37b2ebff.7769580@news.enternet.com.au>,
> Yuri J Sos/Melbourne <steam4me@enternet.com.au> wrote:
> >The Age 11 August 1999, Business Section Page 6
> >
> >"Howard Smith finally sells off train maker"
> >
> >
> >The deal will see United welcome in a new major shareholder in General
> >Electric, owner of Goninan's rail technology.  GE's private equity
>
>  So GE puts down some cash to retain access to the Australian market. If
> rumours of EDI going for Gonnian had any basis, GE could have lost their
> Australian railway technology agent to rival EMD!
>

I guess they were destined to take over Gonnads eventually, if they hadn't
their reputation would have been mud in therailindustry in Australia. There
are two words that should never be used in the one sentence:

Gonninan and Quality!!!!

Bob.