Azamara

Royal Caribbean Group to sell its Azamara brand to Sycamore Partners

Royal Caribbean Group on Tuesday announced that it has signed an agreement to sell Azamara, its small luxury brand of cruise ships, to Sycamore Partners, a private equity firm, for $201 million. Sycamore Partners will acquire the entire Azamara brand, including its three-ship fleet and associated intellectual property. The transaction is expected to close in […]