• Mubadala Capital made a fully financed binding offer to buy Pierre & Vacances via an all-cash voluntary tender offer for all outstanding securities.
• Offer values ordinary shares at EUR 1.9 “cum distribution” or EUR 1.79 “ex distribution” following a planned EUR 0.11 per-share premium distribution.
• Consideration rises by EUR 0.1 per share if Mubadala can complete a squeeze-out and delist, implying total value of EUR 2 per share.
• Transaction hinges on securing by July 17, 2026 tender undertakings covering at least 80% of outstanding share capital; board backed the proposal on June 19, 2026.
• Filing of the tender offer is expected in Q1 2027, subject to customary approvals and a shareholder vote around Sept. 30, 2026 on the distribution.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Pierre & Vacances SA published the original content used to generate this news brief via Business Wire (Ref. ID: 20260621486472) on June 22, 2026, and is solely responsible for the information contained therein.