Louis-Dreyfus ends Marseille takeover talks

March 29, 2007
By Jean-Francois Rosnoblet
MARSEILLE, France, March 29 (Reuters) - Olympique Marseille's main shareholder Robert Louis-Dreyfus has ended all takeover negotiations with Canadian businessman Jack Kachkar.

'Mr Louis-Dreyfus has put an end to all negotiations with Jack Kachkar,' a spokesman for Louis-Dreyfus said on Thursday.

Kachkar had offered 115 million euros ($153 million) to buy one of France's most prestigious football clubs but he failed to provide sufficient guarantees to make the deal effective.
Read more

ESPN Conversations