
Eurotunnel's chief executive said Monday the operator of the Channel tunnel will support the worker cooperative's last-ditch bid to rescue ferry company Sea France. Eurotunnel is "a candidate for a majority stake, somewhere between 51 and 100 percent, in a transport firm which would take over the SeaFrance ferries and then provide them to SCOP (as the cooperative is known), which would be the operator of the company," CEO Jacques Gounon said in an interview with the Liberation newspaper. Eurotunnel's bid comes as the Paris commercial court is set to decide Monday on the CFDT union-backed takeover bid after rejecting other offers in November. The cooperative's offer is the only one remaining to save the last French business plying the formerly lucrative Dover-Calais route.
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