Pierre & Vacances-Center Parcs Group launches review of strategic options
📈 Pierre & Vacances, France, aims to explore all opportunities, including changing its shareholding structure after three years of implementing the 'ReInvention' plan. The company targets an adjusted EBITDA of over €180 million this financial year. It has hired Morgan Stanley & BNP Paribas as financial advisers. The firm focuses on leases, franchises, and management contracts, operating 15 residences and 6 franchise hotels. This asset-light model aligns with industry trends to reduce capital investment.
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