Voyageurs du Monde Announces Shareholding Reorganisation and Public Tender Offer

On July 6, 2026, the founding shareholders of Voyageurs du Monde, along with principal institutional investors, revealed plans for a shareholding reorganisation and a proposed public tender offer. The agreement involves the acquisition of the remaining share capital. Currently, Avantage holds significant control with 86.44% of the share capital and 90.52% of voting rights after a block acquisition from Amiral Gestion at €180 per share.

The proposal includes a mandatory simplified public tender offer for all shares at €180 each, and convertible bonds at €182.52 per bond. A squeeze-out follows if conditions are met, potentially altering the allocation of share capital and voting rights among stakeholders. The transactions have received full financing, aiming for stability in Voyageurs du Monde's business operations.