Hilton Grand Vacations (HGV) to Acquire Diamond Resorts from Apollo (APO) in $1.4 Billion Deal
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Hilton Grand Vacations to Acquire Diamond Resorts, Creating the Premier Leisure Operator With the Broadest Offering in the Vacation Ownership Industry
March 10, 2021 7:42 AM ESTCombines largest independent timeshare company with the strength of Hilton Grand Vacations brand and culture
Generates over $125 million in run-rate cost synergies, expected to be achieved in the first 24 months following close
Expands and diversifies HGVs resort portfolio into over 20 new markets, adding additional drive-to destinations & sales centers while enhancing alignment with the Hilton network to widen customer reach
ORLANDO, Fla.--(BUSINESS... More
