Hilton Grand Vacations Inc. has agreed to acquire Diamond Resorts International Inc. from Apollo Global Management Inc. and Reverence Capital Partners for $1.4 billion. The transaction, announced March 10, is expected to close in the summer of 2021. Hilton Grand Vacations was advised by Alston & Bird, Simpson Thacher & Bartlett and Foley & Lardner. Diamond Resorts was represented by Paul, Weiss, Rifkind, Wharton & Garrison.
Hospitality, Tourism & Leisure
March 10, 2021, 9:40 AM