By DENNIS BAKER
Five bids to buy a troubled oil refinery in France include
two considered to be serious and well-financed, French daily
Le Figaro reported Wednesday, citing the
The Petit-Couronne refinery in Western France, now in
receivership, was among a string of industrial facilities new French President
Francois Hollande had promised to protect before being
The refinery is in trouble after its
owner, Swiss-based company Petroplus Holdings AG, filed for
protection from creditors.
The two bids deemed serious come from investors in Egypt and
Switzerland, the newspaper said.
The refinery has a capacity of 161,000
bpd, according to news reports.
Dow Jones Newswires