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WOLF Trading
@WOLF_TradingX
The Hub for Live Markets & Real-Time Trading | A @WOLF_Financial Brand
Joined December 2024
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Royal Caribbean $RCL is down 6% as it nears a deal to buy a majority stake in Sandals Resorts at a valuation above $6B, according to the FT. The acquisition would be the largest in Royal Caribbean’s history and expand it deeper into land-based vacations across Sandals’ 20 Caribbean resorts.
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ROYAL CARIBBEAN NEARS $6B+ DEAL FOR SANDALS RESORTS - FT $RCL is nearing a deal to acquire a majority stake in Sandals Resorts International, valuing the company at more than $6 billion. The deal would be the largest acquisition in Royal Caribbean’s history and give it control of Sandals’ 20 Caribbean resorts, expanding the cruise operator further into land-based vacations. Some members of the Stewart family are expected to retain equity, while Royal Caribbean could eventually take full control. Source: FT
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