Hilton Grand Vacations to Acquire Diamond Resorts
Wednesday, March 10, 2021
Hilton Grand Vacations (HGV) has just announced the company’s agreement to acquire Diamond Resorts International from funds managed by affiliates of Apollo Global Management Group (Apollo Funds), Reverence Capital Partners, and other Diamond stockholders. This acquisition is a stock-based transaction valued at approximately $1.4 billion and is expected to close in the summer of 2021. [Read more…]