Cruise firm prepares for talks on rival merger bids

Cruise giant Carnival was today preparing to meet P&O Princess executives after rival bids for the UK group both received regulatory backing.

Cruise firm prepares for talks on rival merger bids

Cruise giant Carnival was today preparing to meet P&O Princess executives after rival bids for the UK group both received regulatory backing.

P&O Princess will now weigh up the merits of Carnival’s offer against the merger deal it previously recommended with Royal Caribbean following the Federal Trade Commission’s support of both proposals on Friday.

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