Alstom closer to sale of its australia / NZ rail arm

[David Benton]

http://www.nzherald.co.nz/index.cfm?c_i ... D=10008038 .

alstom needs to sell its rail operations in this part of the world .
hopefully it wont make too much difference to rail operaters in the 2 countries .

[David Benton]

United to pay $288m for Alstom's rail business

http://www.nzherald.co.nz/index.cfm?c_i ... D=10328770

United owns Goninain loco works , which builds GE locos under liscence in Australia .

some have commented that this probably means all new locos in New Zealand will be GE .