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Article: Carnival Corporation and Star Cruises PLC Reach Joint Venture Agreement To Pursue Acquisition of NCL Holding ASA.
- Article from:
- PR Newswire
- Article date:
- February 2, 2000
CopyrightCOPYRIGHT 2000 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Agreement to Mark the Start of Long-Term Global Alliance
Between Carnival and Star
Creates Satisfactory Outcome to Ownership Structure of NCL
For Shareholders of All Three Organizations
NCL to Benefit From Experience and Resources of
Two of the World's Most Successful Cruise Operators
MIAMI, Feb. 2 /PRNewswire/ -- Carnival Corporation (NYSE: CCL) and Star Cruises PLC (SES: STRC) today announced a joint venture agreement to pursue the acquisition of NCL Holding ASA (OSE: NCL). Under the agreement, Carnival will acquire a 40 percent stake in Arrasas Limited, Star's wholly owned subsidiary previously established to ...