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4 sourcesTracking since 22 Sept, 19:33

Royal Caribbean discusses $3 billion deal for 50% stake in Sandals

In brief

Royal Caribbean is considering acquiring a 50% stake in Sandals Resorts in a deal valued at about $3 billion. The transaction would expand Royal Caribbean’s land-based vacation business, including access to Caribbean beachfront properties. Sources differ on whether the deal is still under discussion or has been completed.

Summary written by HeraldLoop from 4 sources · updated 16h ago

What changed

  1. 22 Sept, 19:33Royal Caribbean nears $3 billion deal to take 50% equity stake in Sandals · CNBC
  2. 23 Sept, 01:25Royal Caribbean Is in Talks for 50% Stake in Sandals Resorts: Reports · Skift Airlines
  3. 23 Sept, 05:06Royal Caribbean acquires stake in resort operator Sandals for $3 billion · Global Banking & Finance Review

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