On Friday, the Paris Commercial Court preferred the takeover offer of the French-Swiss entrepreneur Dan Mamane for the battered sports supplier Le Coq Sportif. The offer prevailed against a consortium supported by the entrepreneur Xavier Niel and Judoka Teddy Riner.
Le Coq Sportif had equipped the French delegation at the Olympic Games in Paris last summer. The company employed around 300 people: inside in France and had to register bankruptcy in November last year. According to the decision that the AFP news agency, the court accepted the renovation plan, which was presented by the insolvency administrators based on the Dan Mamane project.
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