French aristocrats forced to put North Sea assets on the block

THE Wendel family, one of France


Jefferies has sent out teaser documents to potential bidders for the Dutch-based group, which has stakes in some of the leading fields in the North Sea, including Buzzard, the biggest find of the past decade. Interest is expected to be high for the company, which produces about 18,000 barrels a day. It has virtually no debt and generated