apollo
Fattal Hotels Acquires the Apollo Hotels
Fattal Hotels | August 16, 2018
13 Hotels will be integrated into the Leonardo Hotels portfolio; the group now operates more than 150 hotels across Europe in 85 destinations Tel Aviv/Berlin, 16. August 2018: The takeover of 13 Apollo Hotels in the Netherlands by the Israeli hotel group Fattal Hotels, which was announced at the end of June, is sealed. The Fattal Group and the former owners of Apollo Hotels, European Hotel Management B.V., have now officially completed the transaction. The portfolio of Leonardo Hotels, the European division of the Fattal Hotel Group, thereby increases to over 150 hotels in 85 destinations. This amounts to over 28,000 rooms and 800 meeti...
Diamond Resorts Intl. Enters into Definitive Merger Agreement with Affiliates of Apollo Global Management for $2.2 billion in Cash
Apollo | June 30, 2016
LAS VEGAS - June 30, 2016 - Diamond Resorts International, Inc. ("Diamond Resorts" or the "Company") (NYSE: DRII) today announced that it has entered into an Agreement and Plan of Merger (the "Merger Agreement") with affiliates of certain funds (the "Apollo Funds") managed by affiliates of Apollo Global Management, LLC (together with its consolidated subsidiaries, "Apollo") (NYSE: APO), pursuant to which the Apollo Funds will acquire Diamond Resorts for $30.25 per share or approximately $2.2 billion. The all-cash offer represents a premium of approximately 26% over Diamond Resorts' closing share price on June 28, 2016, and a premium of ...
