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FRANCE: Marne et Champagne's predicament worsens

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Marne et Champagne's financial difficulties have deepened with news that the group has not been able to pay 3,000 wine-growers for the grapes they supplied from the 2003 harvest.

The Champagne house, which owns brands such as Lanson, Alfred Rothschild and Besserat de Bellefon, is also having problems re-negotiating its bonded debt totalling €396m.


Sectors: Wine

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