Article M&A | 07/05/26 | 1 min. | Jean-Damien Boulanger Gilles August
August Debouzy advised Groupe Industriel Marcel Dassault (GIMD), the Dassault family’s holding company, in connection with the signing of an agreement for the acquisition from Peugeot Invest of a 19.8% stake in listed company Immobilière Dassault, for a total consideration of €74.7 million, representing a price of €50 per share, dividend included.
Following completion of the transaction, GIMD will strengthen its shareholding in Immobilière Dassault, a leading player in the French commercial real estate market with a high-quality portfolio of assets.
Completion of the transaction is expected to occur following the ex-dividend date relating to the financial year ended 31 December 2025, the distribution of which will be submitted for approval at Immobilière Dassault’s General Meeting scheduled for 11 May 2026, and in any event no later than 30 June 2026.
In accordance with the terms of the transaction, Peugeot Invest Assets will resign from Immobilière Dassault’s Supervisory Board simultaneously with completion of the sale.
August Debouzy advised GIMD with a team led by partners Gilles August and Jean-Damien Boulanger.
The seller was advised by White & Case, with a team led by partners Thomas Le Vert and Franck De Vita, assisted by associate Tali Cohen-Levy.