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Royal Caribbean Group Enters Definitive Agreement to Sell its Azamara Brand to Sycamore Partners

MIAMI, Jan. 19, 2021 /PRNewswire-HISPANIC PR WIRE/ — Royal Caribbean Group (NYSE: RCL) today announced it has entered into a definitive agreement to sell its Azamara brand to Sycamore Partners, a private equity firm specializing in consumer, retail and distribution investments, in an all-cash carve-out transaction for $201 million, subject to certain adjustments and […]