French court authorities received two bids for the takeover of Duarig, the Balbigny-based sports equipment maker founded in 1886. The company went into receivership last October. The first offer was filed by Duarig's senior management, who would like to create a cooperative (Scop). The second offer came from a group including both natural and legal persons, who propose to gather in a new company. Both groups said they intend to save only half of the current 60 jobs and one out of the three current sites. Duarig posted a turnover of €8.9 million in 2012, down 6 percent. The company was still in a good shape in 2011 but then fell into the red the following year with a loss of €1.1 million.