Bourbon gets takeover offer

Struggling French offshore vessel owner Bourbon has received an offer for the takeover of its assets and activities.

As part of the reorganization proceedings opened since August 7, 2019, by the Marseilles Commercial Court to the benefit of Bourbon Corporation and its affiliate Bourbon Maritime, Court Administrators have received a takeover offer, Bourbon said in a statement on Wednesday.

Bourbon Corporation had requested the opening of reorganization proceedings further to the guarantees redeemed by Chinese company ICBC Leasing for an amount exceeding $800 million.

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