Louis-Dreyfus ends Marseille takeover talks
March 29, 2007
By Jean-Francois Rosnoblet
'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.