Brittany Ferries is reported to have formally made an offer to buy Condor.
The company's President, Jean-Marc Roué, told Ouest-France an offer had been filed.
He expects they won't be the only ones bidding for the Channel Islands operator, telling the French newspaper:
"It is done... but presumably, we will not be all alone."
Mr Roué hasn't revealed the amount offered to buy Condor Ferries from its current owners, the Macquarie Group.
A proposed takeover was first rumoured back in June but hadn't been confirmed until earlier this month.

Chamber president announces resignation over donation backlash
Menacing or misleading election posts could result in police action, islanders warned
Automated medication dispensers to be rolled out in Jersey
Fishermen's inquests conclude as marine safety investigation is made public
Jersey International Motoring Festival gets into gear
J999 goes under the hammer
Regent Gymnastics Club opens new home with Olympic Equipment
Survey asks where people in Jersey go sea fishing
Comments
Add a comment