June 14, 2018 / 11:10 AM / 6 months ago

Royal Caribbean to buy majority stake in Silversea Cruises for $1 bln

June 14 (Reuters) - Royal Caribbean Cruises said on Thursday it would buy a near 67 percent stake in privately owned Silversea Cruises for about $1 billion.

Including debt, the deal is valued at $2 billion. Royal Caribbean said it plans to finance the purchase through debt. (Reporting by Aishwarya Venugopal in Bengaluru Editing by Saumyadeb Chakrabarty)

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