Royal Caribbean in talks to buy 50% of Sandals Resorts for about $3 billion
Royal Caribbean Group is reported to be in talks to acquire a 50% stake in Sandals Resorts for about $3 billion, valuing Sandals at roughly $6 billion. The deal would align with previously agreed terms to acquire a 50% stake for about $3 billion. Coverage notes potential benefits in land-based revenue and Caribbean beachfront access as the company competes with Carnival for experiences.
economy5 h ago