Restructuring French OSV giant Bourbon is the subject of four takeover offers as part of its reorganisation proceedings.
The Jacques de Chateauvieux-controlled company said Marseilles commercial court has received bids from four candidates to buy the assets and activities of holding company Bourbon Corporation and/or subsidiary Bourbon Maritime.
The court had set a deadline of 20 November for offers.
It will now review the bids on 10 December.
Bourbon's shares and bonds will continue to be suspended from trading.
The group was already the subject of a takeover offer from its lenders before the court widened the process.
ICBC demand prompts court proceedings
In July, Bourbon said it was seeking a reorganisation process in court after China's ICBC Leasing signalled it would demand repayment of its debts.
The owner added that the Chinese company had sent a series of letters on 18 July expressing its intention to request settlement of all "rental payments" up to 2026, under a guarantee awarded to it by Bourbon.
Bourbon said that because it was not in a "state of cessation of payments", it had requested a safeguard procedure in court.
But the commercial court rejected this bid, considering that the guarantees activated by the Chinese company were proof that Bourbon was "insolvent" as of 24 July.
Bourbon then made the reorganisation request.
In June, Bourbon said it was working on securing €80m ($88.6m) in new debt and a €164m loan to pay off lenders looking to exit.
