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Europe Daily Bulletin No. 8098

24 November 2001
Contents Publication in full By article 37 / 43
ECONOMIC INTERPENETRATION / (eu) leisure

British cruise giants P&O PRINCESS CRUISES PLC ($2.45 billion turnover in 200/2001 financial year) and ROYAL CARIBBEAN CRUISES LTD ($3.13 billion turnover in 2000/2001 financial year) have announced they are to merge to form a new world leader in the cruise holiday industry, toppling the current world leader CARNIVAL CORP. The merger will have a market value of around $6 billion, a fleet of 41ships (a total of 75,000 berths) and 3 million clients. Following the merger, P&O PRINCESS...

Contents

A LOOK BEHIND THE NEWS
THE DAY IN POLITICS
GENERAL NEWS
TIMETABLE
ECONOMIC INTERPENETRATION