Vail Resorts Acquiring Two More Australian Resorts
MTN will add the Falls Creek and Hotham ski resorts as its second and third properties down-under, joining Perisher in its portfolio. Vail Resorts will purchase Australian Alpine Enterprises Holdings and all related corporate entities that operate Falls Creek and Hotham resorts from seller Living and Leisure Australia Group for a purchase price of approximately A$174 million ($130 mm). The acquisition is expected ... Log in to view full article.