NETHERLANDS: Key Laurus shareholder striving to close alternative rescue deal
Eric Albada Jelgersma, a major shareholder in beleaguered Dutch retailer Laurus, is reported to be in talks with investors in an attempt to close an alternative rescue plan to that offered by French rival Casino. Jelgersma, who owns a 34% stake in Laurus, is talking to potential investors from the UK, the Netherlands and Germany, his spokesman Ruud Kiep said today [Monday]. Jelgersma resigned from the Laurus board last month in protest at the deal with Casino, but later said he would vote in favour of it if a more appealing alternative failed to materialise.
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