#Infrastructure

Royal Caribbean Pursues $6 Billion Majority Stake in Sandals Resorts

Royal Caribbean may acquire a majority stake in Sandals Resorts International in a deal valued at more than $6 billion, according to Financial Times. The transaction would be the largest in the cruise line's history and expand its portfolio beyond cruisers to land-based travelers. The Sandals founder's family would retain equity holdings while Royal Caribbean becomes the controlling shareholder, with an agreement potentially arriving in the coming days.