Pierre & Vacances, Mubadala Capital sign deal for cash offer at EUR 1.9 per share

Penn Virginia Corporation

Penn Virginia Corporation

PVAC

0.00
  • Mubadala Capital agreed to buy all outstanding Pierre & Vacances shares via a voluntary all-cash tender offer, on terms set out on June 22, 2026.
  • Offer price set at EUR 1.9 per ordinary share with coupon attached, EUR 1.79 ex-coupon.
  • Price includes a EUR 0.1 per share top-up if a squeeze-out and delisting follow, conditional on reaching 90% on a fully diluted basis.
  • Pierre & Vacances plans an extraordinary premium distribution of EUR 0.11 per ordinary share, targeted for shareholder vote around Sept. 30, 2026.
  • Offer filing targeted by Q1 2027; closing expected in H1 2027, with tender commitments covering 80.13% of outstanding shares.


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: 20260719146548) on July 20, 2026, and is solely responsible for the information contained therein.

This page is machine-translated. Sahm tries to improve but does not guarantee the accuracy and reliability of the translation, and will not be liable for any loss or damage caused by any inaccuracy or omission of the translation. *Disclaimer: The above content only represents the author's personal position and opinion and does not represent any position of Sahm Capital Financial Company and Sahm cannot confirm the authenticity, accuracy, and originality of the above content. Investors should consider the risks of investment products in light of their circumstances before making any investment decisions. When necessary, please consult a professional investment advisor. Sahm does not provide any investment advice, nor does it make any commitments and guarantees.