Thursday, June 14, 2018

RCCL Takes Majority Stake in Silversea

Royal Caribbean Cruises Ltd (the parent of Royal Caribbean International) said today they have purchased a 66.7% stake in Silversea Cruises for approximately $1 billion. In addition Manfredi Lefebvre will receive approximately 472,000 Royal Caribbean shares if certain performance metrics are met.

The complete story appeared in the June 14 edition of Cruise News Daily.