Added to YB: 2026-06-25
Pitch date: 2026-06-23
VAC.PA [neutral]
Pierre et Vacances SA
Author Info
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Company Info
Pierre et Vacances SA engages in the property development and tourism businesses in Europe and internationally.
Market Cap
EUR 853.5M
Pitch Price
N/A
Price Target
N/A
Dividend
N/A
EV/EBITDA
6.93
P/E
17.24
EV/Sales
2.11
Sector
Hotels, Restaurants and Leisure
Category
special_situation
Pierre & Vacances (VAC France): A welcomed binding offer
VAC.PA (update): Mubadala Capital binding takeover at €1.90/sh (incl €0.11 special div, +€0.10 if 80% pledged). Validates multi-year restructuring; EV multiple below sector avg = cheap. Board & majority shareholders back deal, need 80% by mid-July. Summer bookings ahead YoY. Premium modest vs recent price but large vs pre-review. Competing bid unlikely.
Read full article (2 min)