Hyatt Hotels has agreed to acquire Apple Leisure Group, a resort brand-management, travel and hospitality group, from KKR & Co. Inc. for $2.7 billion. Photo:360b/Shutterstock.com; .
Global deal work hit yet another record this week, and it was yet another week of double-digit deals over the billion-dollar mark as well.
According to Refinitiv, global M&A value for 2021 has eclipsed the total from 2020 in under eight months, hitting the $3.6 trillion mark. That is more than double the value recorded during the same period in 2020 (+117%) and also breaking the previous year-to-date record of $2.9 trillion set in 2007.
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