Royal Caribbean Cruises

Royal Caribbean confirmed a deal to acquire a 50% equity interest in Sandals and Beaches Resorts for about $3 billion, implying roughly a 10x forward EBITDA multiple and funded by committed debt financing from Morgan Stanley. The company said the transaction is expected to close early next year and be accretive to earnings, with a joint board led by Jason Liberty and Adam Stewart. Investors sold the stock on concerns over a debt-funded pivot into land-based resorts and the delay until earnings accretion, while Carnival and Norwegian also slipped amid sector weakness. » More on finance.yahoo.com

Royal Caribbean is in talks to buy a 50% equity stake in Sandals for about $3 billion, valuing the Caribbean resort chain at roughly $6 billion. Discussions are ongoing and may not result in a transaction. The move would expand Royal Caribbean’s push into land-based and all-inclusive vacations; the news sent Royal Caribbean shares down about 6%. » More on cnbc.com

The Royal Caribbean Group has announced a quarterly dividend of $1.50 per common share. Payment will be made on October 8, 2026 to shareholders of record on September 17, 2026. The company operates 71 ships under the Royal Caribbean, Celebrity Cruises and Silversea brands and owns 50 percent of TUI Cruises. » More on de.investing.com