The Paris Commercial Court will examine the takeover bid tabled by Belgian secondary lead producer Campine for some of the activities of French recycling company Recylex on 14 June, Recylex announced last week.
The recycler said that it had requested the court to open a reorganisation procedure and to examine the Campine take-over offer. The Paris court opened a reorganisation procedure (redressement judiciaire) on 5 May, setting a six-month observation period....