NCL Holds Talks With Hostile Bidder Carnival

Monday, December 13, 1999
NCL Holding ASA officials reported that the company has had held talks with Carnival Corp., which launched a hostile takeover bid for the company. NCL officials declined to comment on the discussions, saying that they will discuss the issue if there is something to announce. NCL officials had previously described Carnival's 30 crowns ($3.75) per share offer as "a waste of time" and refused to meet with executives from the world's leading cruise operator when they visited Oslo a week ago. Carnival's offer totals approximately $1.7 billion, including debt. However, there has reportedly been a change of heart after Carnival dropped demands that NCL should accept 30 crowns per share as a precondition. However, both companies agreed to keep the talks confidential.
Maritime Reporter August 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Cruise Ship Trends

Norwegian to Buy Prestige Cruises in $3b Deal

Norwegian Cruise Line Holdings Ltd (NCLH.O) said it would buy Prestige Cruises International Inc from its owner Apollo Global Management LLC (APO.N) in a $3 billion

Keel Laid for Holland America Line’s New Ship

Holland America Line celebrated the keel laying of its new 2,650-guest Pinnacle Class ship on August 22 at Fincantieri’s Marghera shipyard in Italy. A 680-ton block

Kiel Port Growth Continues

Cargo and passenger handling rise by 3%. Handling in the Port of Kiel continued to grow in the first half of the year. A total of 3.24 million tons of cargo

 
 
Maritime Careers / Shipboard Positions Maritime Standards Naval Architecture Navigation Pipelines Pod Propulsion Port Authority Ship Electronics Ship Simulators Shipbuilding / Vessel Construction
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.0908 sec (11 req/sec)