Duralex: Two takeover bids deemed "promising," employees fear job cuts
The Orleans commercial court examined three takeover proposals Thursday for the glassware manufacturer in judicial receivership since June 1.
A technical hearing was held Thursday before the Orleans commercial court to examine three takeover bids for the Duralex factory, which specializes in manufacturing glassware and is located in La Chapelle-Saint-Mesmin, in Loiret, according to Le Monde.
The company has been in judicial receivership since June 1. According to available information, two of the three bids presented were described as "promising" during this hearing.
Despite these prospects for an industrial takeover, Duralex employees fear that these proposals could involve job cuts, according to available information.
The Orleans commercial court must continue examining this case, which will determine the future of this emblematic French glassware company.
Sources
- Deux offres de reprises industrielles « intéressantes » pour Duralex, mais les salariés redoutent des suppressions de postes — Le Monde — Une
EGazette summarizes reporting from multiple sources; follow the links for the originals.
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