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Europe Daily Bulletin No. 8398

12 February 2003
Contents Publication in full By article 26 / 57
GENERAL NEWS / (eu) eu/competition
Carnival and P&O Princess cleared as dual listed company

Brussels, 11/02/2003 (Agence Europe) - The European Commission has approved an agreement whereby cruise operators Carnival Corp. of the United States and Britain's P&O Princess plc will create a dual listed company structure. Last July the Commission cleared the project, following a detailed probe but the situation was different at that time. P&O has in effect agreed to the buyout offer made by its competitor Carnival but was still negotiating a merger with Royal Caribbean. The merger with...

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