Bourbon Offshore must choose between two rescue plans

One of the world's largest offshore shipping companies, France's Bourbon Offshore, has received two different offers to rescue the crisis-stricken and debt-plagued company. But the board is not at this point able to decide which is best, and one offer is set to expire already a week from now.

Photo: Bourbon

French debt-ridden offshore shipping company Bourbon Offshore has, after a protracted process, received two concrete offers, each aimed at saving the company, which – like many of its competitors – has been knocked to the ground by the sliding oil prices.

As such, the board of directors is now holding two different models for how Bourbon can exit the crisis, but the board is, at this point, unable to decide on which is the most beneficial to the company, according to a press release from Bourbon Offshore.

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