SQUAWK/NEWS
Account
Theme
Account
Menu
Live News NEWS FLASH L impact

Royal Caribbean takes 50% stake in Sandals for $3bn

The deal places Sandals at a roughly $6bn enterprise value, CNBC cited unnamed people familiar with the matter, and creates a new joint venture spanning cruises, private islands and all—inclusive resorts.Royal Caribbean said the partnership will combine its global cruise network with Sandals’ portf…

RCL