Bloomberg News

Doux Chairman Says Ready to Open Family Firm’s Capital, JDD Says

June 24, 2012

Doux SA Chairman Charles Doux is ready to open up the capital of Europe’s largest chicken processor to “ensure the integrity” of the family-controlled company, Le Journal du Dimanche reported, citing an interview.

Doux is ready to talk with industrial partners, either French cooperatives or financiers that can provide guarantees for the future of the company, he was quoted as saying in the newspaper. The company was placed under court administration on June 1 by the court in Quimper, Brittany.

Charles Doux and his sons own 35 percent of the company, while two other branches of the family bring the stake to 80 percent, JDD wrote.

To contact the reporter on this story: Rudy Ruitenberg in Paris at rruitenberg@bloomberg.net

To contact the editor responsible for this story: Claudia Carpenter at ccarpenter2@bloomberg.net


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