Doux has said that it wants to reassure its partners that its continuation plan is progressing through a commitment to pay rearers 50% of outstanding debts.

The poultry giant went into receivership in June under the weight of EUR430m in debts. A French bankruptcy court has rejected various takeover offers and placed Doux in an extended period of administration as its main creditor is given time to finalise plans to run the company.

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In a statement, Doux said that it hoped that its commitment to pay its rearers help unite stakeholders and public authirities.

“The group wishes to send a strong signal to all its partners. The priority of the business remains keeping the continuity of the business, while uniting all stakeholders and public authorities. It will wrap up the continuation plan, which will be presented shortly,” the company said. 

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