Reuters: Bankruptcy News: Iran group to bid for troubled French refinery-paper

Reuters: Bankruptcy News Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals. // via fulltextrssfeed.com

Iran group to bid for troubled French refinery-paper Dec 4th 2012, 07:09 PARIS | Tue Dec 4, 2012 2:09am EST PARIS Dec 4 (Reuters) - Iranian group Tadbir Energy will submit a bid for the Petit-Couronne oil refinery from insolvent owner Petroplus at a court hearing on Tuesday, French daily Le Figaro said, without citing its sources. Tadbir Energy, a unit of the Imam Khomeini foundation, will offer to buy France's oldest refinery with a guarantee to keep the 550 staff it employs, the paper added. Iranian oil imports are forbidden since July in the European Union, the paper said. Other bidders for the plant located in Normandy, northwest France, include the Libyan Investment Authority and NetOil, a firm led by Middle Eastern businessman Roger Tamraz. (Reporting by Alice Cannet; Editing by David Holmes)

You are receiving this email because you subscribed to this feed at blogtrottr.com. If you no longer wish to receive these emails, you can unsubscribe from this feed, or manage all your subscriptions