Royal Caribbean is buying Silversea Cruises for $1Billion
Royal Caribbean Cruises is buying a majority stake in luxury rival Silversea Cruises for $1 billion. The agreement was announced today by Royal Caribbean and majority owner of Silversea Manfredi Lefebvre D'Ovidio, to acquire a majority stake in the privately-owned Silversea Cruises. With this deal, worth $2 billion including debt, Royal Caribbean will take a 67 percent stake in Silversea Cruises.