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Royal Caribbean To Acquire 50% Equity Interest In Sandals And Beaches Resorts
Source: Nasdaq
M&A & RestructuringTravel & Leisure
Royal Caribbean Group and Sandals Resorts signed an agreement to form a partnership in the all-inclusive resort market, with Royal Caribbean taking a 50% investment. The venture will combine cruise, private-destination and resort offerings, expanding Royal Caribbean's presence in the broader leisure-travel ecosystem.
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