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Article: Royal Caribbean Cruises Ltd. Finalizes Pullmantur Purchase.

Article from:
PR Newswire Europe
Article date:
November 14, 2006
Copyright

MIAMI, November 14 /PRNewswire/ --

Royal Caribbean Cruises Ltd. has completed its purchase of Madrid-based cruise and tour operator Pullmantur S.A. Closing documents were signed today in Madrid.

In August, Royal Caribbean Cruises Ltd. signed an agreement with Pullmantur's shareholders to buy all the company's capital stock. Last month, the company received regulatory approval for the acquisition.

"The Royal Caribbean Cruises Ltd. and Pullmantur partnership officially begins today and we could not be happier," said Richard D. Fain, chairman and chief executive officer of Royal Caribbean Cruises Ltd. "Together, we look forward to an exciting future of expanding our ... 







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