Royal Caribbean Group to sell Azamara cruise brand to Sycamore Partners for $201m

Royal Caribbean Group to sell Azamara cruise brand to Sycamore Partners for $201m

Royal Caribbean Group, an American global cruise holding company, has entered into a definitive agreement to sell its Azamara brand to Sycamore Partners, a private equity firm, for $201 million. The deal is an all-cash carve-out transaction which is subject to certain adjustments and closing conditions. Sycamore Partners will purchase the entire Azamara brand comprising […]