Royal Caribbean Group (RCL) To Buy 50% of Sandals for ~$3B
Royal Caribbean Group will acquire a 50% equity interest in Sandals and Beaches Resorts for approximately $3B, funded with committed debt, at ~10x forward EBITDA. Closing is expected in early 2027, subject to approvals, and is expected to be accretive to earnings next year.Material DetailsContext b…