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Gonninans Sale

The SMH reports possible buyers as: GE (USA), Alstrom (France), Bombardiere
(Canada) and local companies "United"(no idea who they are) and EDI. The
article suggests that "GE is arguably the favourite because it already
licenses it's technonogy to Gonninan. If a large multinational won the bid it
could simply replace the technology with it's own." I guess this is refering
to the possibility that EDI/Clyde took over. The company is valued at between
$130M and $200M. Cheers Bob

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