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Royal Caribbean Cruises agreed to acquire a 50% equity interest in Sandals and Beaches Resorts for approximately $3.0 billion in cash.Key Highlights:Original SEC Filing: ROYAL CARIBBEAN CRUISES LTD [ RCL ] - 8-K - Sep. 23, 2026This is an AI-powered summary. It may contain inaccuracies. Consider ver…
BRUSSELS/FRANKFURT/PARIS (dpa-AFX) - Royal Caribbean Group (RCL) and Sandals Resorts announced the signing of an agreement to form a partnership in the all-inclusive resort space with a 50% investment from Royal Caribbean. The companies will offer travelers a collection of cruise, private destinati…
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…