US EditionNew Owner for Struggling Le Coq Sportif - RetailDetail EU
12 Articles
12 Articles
Two offers were in competition for the takeover of French athletes at the Paris Games, which had been placed in judicial reform.
The project foresees "new contributions at the group level of 70 million euros" and "between 89 and 94 abolitions of posts", according to the decision consulted by Agence France-Presse. At the end of 2024, Le Coq sportif had 359 employees.
The offer made by the French-Swiss entrepreneur Dan Mamane was preferred over that of the consortium supported by the businessman Xavier Niel and the Judoka Teddy Riner. ...
The company, which has been in judicial reform since the autumn, will be taken over by the businessman. The court dismissed the competing offer, supported notably by Xavier Niel and Teddy Riner.
The Paris Economic Court ruled on Friday, July 4th: it is the entrepreneur based in Dubai, accustomed to the operations of takeover of companies in difficulty, which is charged with the task of straightening the ill-developed sports equipmentman. The offer carried out in particular by Teddy Riner and Xavier Niel has been dismissed.
The brand "has a new future" was rejoicing the Minister of Economy, Eric Lombard.
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