Royal Caribbean Cruises Limited completed its purchase of Pullmantur SA. The pruchase valued US$900 Million.
Break Down of the US900M
US$552.8 Million equity
US$347.1 Million debt
Royal Carribean third quarter Earnings topped US$1.6 billion.
Chief Executive Officer Richard D. Fain quoted in a company release "Together, we look forward to an exciting future of expending our brands globally".