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Europe Daily Bulletin No. 7721

20 May 2000
Contents Publication in full By article 41 / 48
ECONOMIC INTERPENETRATION / (eu) tourism

Britain's P&O -PENINSULAR AND ORIENTAL STEAM NAVIGATION COMPANY- has announced the acquisition of the Greek firm FESTIVAL CRUISES, which will be merged with the future independent company P&O plans to create in this area. The amount of the acquisition was not made public, but could be up to USD 400 million if the company's performance is "particularly good".

Contents

THE DAY IN POLITICS
GENERAL NEWS
TIMETABLE
ECONOMIC INTERPENETRATION