Royal Caribbean is reportedly close to a $3 billion deal to acquire a 50% equity stake in Sandals, a move that values the Caribbean resort chain at $6 billion. The news, first reported by the Financial Times, led to Royal Caribbean shares falling approximately 6%. The cruise company aims to diversify beyond cruises and expand its land-based offerings, with Sandals' more than a dozen properties across the Caribbean providing a foothold in all-inclusive options. Talks are ongoing and may not result in a final deal.