The Frankfurter Allgemeine Zeitung reported earlier this month that some creditors of Kettler, the German fitness and leisure equipment company that filed for insolvency under its own administration in June, want to study a potential sale of the company – be it only to establish a market value. With the support of a trustee and a chief restructuring officer, Kettler's management has been working on a reorganization that would enable the company to remain in family hands. It has confirmed that its restructuring plans would call for about 200 job cuts, and it has gained approval for the sale of its bicycle business. But reportedly, uncertainties about the plans have encouraged some of the creditors to envisage a potential sale. A few weeks ago Kettler's management was hoping to have the plan finalized in December and come out of receivership before the end of the year. The company could not be reached for comment.

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