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Europe Daily Bulletin No. 8330

30 October 2002
Contents Publication in full By article 47 / 51
ECONOMIC INTERPENETRATION / (eu) shipping

After a year of negotiations, the leading cruise liner company CARNIVAL was selected by the UK's P&O PRINCESS for merger, rather than P&O's initial choice ROYAL CARIBBEAN. The CARNIVAL deal values P&O at £ 3.5 bn. If they accept the bid, CARNIVAL's shareholders will hold 74% of the merged company, which will be worth around $20 billion.

Contents

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