The general assembly of the retail members of Sport 2000 France held on Sept. 27 reportedly validated the new potential offer issued by the cooperative to take over a share of 52 percent in the buying group . This stake is currently held by Activa Capital, a French-based investment firm. As reported earlier, the president of the cooperative said that a previous offer had been rejected by the general assembly, after it got wind of a second and lowered valuation of the assets. The cooperative said last month that it had secured financial backing for a new offer, and Sport-guide.com reported a few days ago that the members backed it. However, a spokesperson for Activa Capital said that the firm has not yet received any firm and proper offer. Separately, Activa decided in August to take up a majority of the seats on the board of the Sport 2000 buying group, previously held by the cooperative, and Frédéric Poux was appointed as chairman. In turn, the cooperative filed an injunction against what it regarded as an unjustified eviction of its members from the board. A copy of the decision made by the court in Evry on Sept. 19 indicates that the injunction was rejected, but a spokesperson for Activa said that new complaints had been filed against Poux and Activa Capital. The cooperative could not be reached for comment. 

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