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Announced

Completed

Marriott Vacations Worldwide completed the acquisition of Welk Resorts for $430m.

Financials

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Transaction Value£314m
Consideration TypeCash, Ordinary Shares
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Completed

Acquisition

United States

Majority

Domestic

Single Bidder

vacation services

resorts

Private

Friendly

Recreational Services

Synopsis

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Marriott Vacations Worldwide, a company operating hotels, completed the acquisition of Welk Resorts, a portfolio of vacation resorts, for $430m. "It is bittersweet after 57 wonderful years of memories and accomplishments to be welcoming a new owner for Welk Resorts. We are confident in MVW and its shared commitment to excellence. Our board and family recognized that its vision, resources and globally-recognized brand ensure the best long-term future for our valued team members and Owners," Jon Fredricks, Welk Resorts President and CEO.

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