Uncertainty over future of French poultry business
date:Aug 08, 2012
The family-run firm, which went into administration in June, is subject to two offers one from British bank Barclays, and another from a consortium of agri-businesses, which includes oilseed producer Sofiproteol. The Barclays proposal entails the bank writing off debts and purchasing an 80% share in the business, which would allow the family owners to keep the company operational. However, Sofiproteol and its associates intend to divide the business up.

On 1 August, the court ordered the com
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