UPDATE 2-Valeo keeps options open as funds circle firm


(Adds details) By Marcel Michelson PARIS, April 25 (Reuters) - Valeo said a request for eight board seats from biggest investor, Pardus Capital Management, was "excessive" but added it was open for discussions with Pardus and continued talks with private equity funds. "It is not me who sets the agenda, the one that drums up the financing determines the timetable," Thierry Morin, Valeo Executive Chairman, said on Wednesday. He said he hoped the period of uncertainty would not last too ...

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