Royal Caribbean Group selling Azamara to private equity firm

Royal Caribbean Group selling Azamara to private equity firm

Royal Caribbean Group reached a definitive agreement to sell its three-ship Azamara brand to Sycamore Partners, a private equity firm, in a $201m all-cash deal. Sycamore Partners is buying the brand, fleet and associated intellectual property. The Azamara team will...
Sequoia Could Put $7.2 Billion Into Auto1 With IPO Approaching

Sequoia Could Put $7.2 Billion Into Auto1 With IPO Approaching

Sequoia Capital has agreed to invest around 6 billion euros in Auto1 Group before the online car trading platform’s initial public offering (IPO), Bloomberg reported Monday, citing anonymous sources. Germany-based Auto1, backed by Japanese billionaire Masayoshi...