Doux gets takeover bids in France
date:Jul 10, 2012
Bidders included co-operative Terrena, agribusiness firm La Financire Turenne La Fayette, poultry producers LDC and Tilly Sabco, and a consortium led by oilseed firm Sofiproteol.
A commercial court in northwest France is set to evaluate the bids at a hearing on 23 July 2012.
The administrators had earlier scheduled the bidding round deadline to 5 July , as a part of an effort to save the firm, which has been burdened with a debt of 340m.
Doux chairman Charles Doux noted that he plans to make an
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