Apollo Global Management and Reverence Capital Partners have agreed to sell Diamond Resorts International to Hilton Grand Vacations for about $1.4 billion. The deal is expected to close this summer.
Generates over $125 million in run-rate cost synergies, expected to be achieved in the first 24 months following close Expands and diversifies HGV’s resort portfolio into over 20 new markets, adding ...
(Bloomberg)—Hilton Grand Vacations Inc. is acquiring Diamond Resorts International Inc., the time-share company owned by Apollo Global Management Inc., in a stock deal with an equity value of about $1 ...
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