Henniges Grefrath may find investor -- report

ERJ staff report (DS)

Grefrath, Germany -- Troubled German profiles maker, Henniges, may find an investor, according to local press reports.

Three companies are reportedly bidding for the assets of the company which was declared bankrupt at the end of 2008. The result of the bids will be known on Thursday, when the administrator, Wolf Rüdiger von der Fecht will announce the results of his attempts to sell the company

It is likely that the new company will employ around half the 800 people who were employed prior to bankruptcy proceeding.

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Findet Firma Henniges einen Investor? RP-ONline (Germany)

Can Henniges find an investor? Above story auto-translated into English (From German)