PARIS Feb 5 France's Industry Minister Arnaud
Montebourg said France had received two "serious" bids for the
takeover of its troubled Petroplus refinery amid a total of five
Bidders for the former Petit-Couronne oil refinery of the
insolvent Swiss refiner had until the end of Tuesday to submit
offers to legal administrators and avert a liquidation which the
French government has been hoping to prevent.
The two bidders described as "serious" were Switzerland's
investor group Terrae and Egypt's energy company Arabiyya Lel
When contacted by Reuters a spokesman for Arabiyya Lel
Istithmaraat was not immediately able to comment.
(Reporting by Elizabeth Pineau, Michel Rose and Marwa Awad)