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Top holder Awilhelmsen sells 4.8m Royal Caribbean sharesTop holder Awilhelmsen sells 4.8m Royal Caribbean shares
Awilhelmsen—one of Royal Caribbean's founders—sold 4.8m shares of RCL common stock in a transaction that enabled the Arne Wilhelmsen family to become the sole owner of the Oslo-based private investment company.
Anne Kalosh, Editor, Seatrade Cruise News & Senior Associate Editor, Seatrade Cruise Review
February 6, 2019
1 Min Read
Credit: Seatrade Cruise News
$555m
According to a filing, the shares were sold at a price of $115.57, or just under $555m.
12% stake in RCL
Following the sale, Awilhelmsent and its affiliates continue to own 12% of RCL common stock, maintaining its position as the cruise company's single largest shareholder.
The shares were sold to a financial institution.
Awilhelmsen was one of three founders of Royal Caribbean Cruises Ltd. in 1968.
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