Cunard moves to scuttle cruise merger deal

Cruise giant P&O Princess’s merger with Royal Caribbean was under threat today after Cunard owner Carnival moved to scuttle the deal.

Cunard moves to scuttle cruise merger deal
Mon, 17 Dec, 2001 - 13:32

Cruise giant P&O Princess’s merger with Royal Caribbean was under threat today after Cunard owner Carnival moved to scuttle the deal.

US-based Carnival tabled its own pre-conditional £3.2bn offer for P&O in a bid to safeguard its status as the world’s biggest cruise firm.

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