(Reuters) - General Electric Co (GE.N) is interested in buying Italian rail technology company Ansaldo STS (STS.MI), the head of the U.S. group in Italy said, in a further expansion of its presence in the country.http://www.reuters.com/article/2013/09/ ... QU20130906" onclick="window.open(this.href);return false;
Will they be able to overcome the resistance of powerful Italian unions concerned about plant closures? Will the technology gained be worth the risk of taking on a troubled maker? (will it produce more than the touted technology exchange with China Railways?- which so far has not produced anything besides sales of diesel locos to China, AFAIK).