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Interval Leisure Group Inc And CLC World Resorts & Hotels Partners In European Resort Management Joint Venture


Monday, 5 Aug 2013 08:50am EDT 

Interval Leisure Group and CLC World Resorts & Hotels announced that they have entered into a definitive agreement to establish a joint venture resort management company that will be based in the United Kingdom. The new entity, VRI Europe Limited, will acquire CLC World's European shared ownership management business for approximately GBP56 million (USD85.6 million) and equity, which will result in a 75.5% ownership stake for ILG. 

Company Quote

20.89
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24 Dec 2014