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28 February 2021 The on-line newspaper devoted to the world of transports 14:42 GMT+1

January 19, 2021

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Royal Caribbean sells cruise company Azamara to Sycamore Partners

Transaction worth $201 million

The US cruise group Royal Caribbean Cruises has signed a binding agreement to divest the company cruise companies at Sycamore Partners, a private equity that is based in New York. The cruise group has announced that the transaction will be worth $201 million and that Sycamore Partners will acquire the entire Azamara brand, including the three ships in the fleet: the Azamara Quest,the Azamara Journey and the Azamara Pursuit,units all built in 2000 and gross tonnage of 30,000 tons.

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