Peugeot Invest S.A. sells 19.8% stake in Immobilière Dassault S.A. to GIMD in Paris; Peugeot Invest to resign from Immobilière Dassault board.

Peugeot Invest S.A. sells 19.8% stake in Immobilière Dassault S.A. to GIMD in Paris; Peugeot Invest to resign from Immobilière Dassault board.

White & Case advises Peugeot Invest on sale of stake in Immobilière Dassault | White & Case LLP

White & Case advises Peugeot Invest on sale of stake in Immobilière Dassault

Global law firm White & Case LLP has advised Peugeot Invest S.A., a listed company controlled by the Peugeot family Group, on the sale to Groupe Industriel Marcel Dassault (GIMD) of its 19.8 percent equity stake in Immobilière Dassault S.A.

Following the transaction, Peugeot Invest will resign from the Supervisory Board of Immobilière Dassault.

The transaction is part of Peugeot Invest’s policy of active management and regular rotation of its assets, aimed at optimizing long term value creation.

Immobilière Dassault is a real estate company specializing in the ownership and management of high-quality office and retail properties located in Paris and its shares are listed on Euronext Paris.

The White & Case team in Paris which advised on the transaction was led by partners Thomas Le Vert and Franck De Vita and included associate Tali Cohen-Levy.