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Europe Daily Bulletin No. 7648

4 February 2000
Contents Publication in full By article 35 / 48
ECONOMIC INTERPENETRATION / (eu) cruises

The American cruise company CARNIVAL and Malaysian STAR CRUISES has decided to get together to buy out the Norwegian NCL which they had been fighting over. According to the terms of the agreement, CARNIVAL is to cancel its latest offer (see EI of 29 January) to join in with that of STAR CRUISES. It will then take a 40% stake in ARRASAS LTD, a subsidiary specially created by STAR CRUISES to purchase NCL, the rest remaining in the hands of the Malaysian firm. The cost of the acquisition of...

Contents

THE DAY IN POLITICS
GENERAL NEWS
ECONOMIC INTERPENETRATION