Royal Caribbean to take controlling stake in Silversea | News

Royal Caribbean Cruises has agreed to acquire a stake in privately-owned Silversea Cruises, bringing together two companies with bold, long-term visions for the cruise industry.

Under the agreement, Royal Caribbean will acquire a 66.7 per cent equity stake in Silversea Cruises based on an enterprise value of approximately $2 billion. 

The purchase price of the equity being acquired is approximately $1 billion. 
RCL plans to finance the purchase through debt. 

In addition, Silversea owner Manfredi Lefebvre D’Ovidio will qualify for an estimated contingent consideration of approximately 472,000 Royal Caribbean shares, payable upon achievement of certain 2019-2020 performance metrics.

“Silversea is a crown jewel, and the acknowledged leader in luxury and expedition cruising, two key…

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