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- Parent of Norwegian Cruise Lines Now Prefers Carnival Corp.'s Bid.(Knight Ridder/Tribune Business News)
- Jan. 28--Two months after flatly rejecting Carnival Corp.'s bid to take over its Norwegian Cruise Lines, NCL Holding announced Thursday that it has changed its mind and would rather be acquired by Carnival. The reason: Star Cruises, the Hong Kong company that offered to...
- Research articles 2000-01-28
- Star Cruises, Carnival Take Over Norwegian Cruise Firm.(Knight Ridder/Tribune Business News)
- Feb. 5--Star Cruises and Carnival Corp. took control of Norwegian Cruise Lines Friday, increasing their stake in parent company NCL Holding to nearly two-thirds of the shares and installing a new board of directors and a new chief executive. The moves put an end...
- Research articles 2000-02-04
- Miami-Based Cruise Line Hopes for Independence on Rise of Parent's Shares.(Knight Ridder/Tribune Business News)
- Jan. 13--Raising hopes of independence at Norwegian Cruise Lines, shares of its parent NCL Holding on Wednesday rose above the 35 kroner offer from Star Cruises on speculation that the Asian cruise company may have to raise its bid to gain control of NCL. ...
- Research articles 2000-01-12
- Owner of Norwegian Cruise Line Moves to Fend Off Hostile Bid.
- Knight Ridder/Tribune Business News Dec. 7 -- Days after rejecting a hostile takeover bid by Carnival Corp., NCL Holding, owner of Norwegian Cruise Line, spent Monday trying sway shareholders by increasing the value of the company. NCL refinanced some of its debt...
- Research articles 1999-12-07
Additional Resources
- Carnival Corporation And Star Cruises PlC Reach Joint Venture Agreement To Pursue Acquisition Of NCL Holding ASA
- Carnival Corporation (NYSE: CCL) and Star Cruises PLC (SES: STRC) today announced a joint venture agreement to pursue the acquisition of NCL Holding ASA (OSE: NCL). Under the agreement, Carnival will acquire a 40 percent stake in Arrasas Limited, Star's wholly owned subsidiary previously...
- Research articles 1970-01-01
- Star Cruises Continues to Gain Shares in Bid for NCL Holding.(Knight Ridder/Tribune Business News)
- Feb. 11--Star Cruises, Asia's largest cruise operator, continued to amass shares in NCL Holding on Thursday, the expiration date of its $1.9 billion offer for the parent company of Miami's Norwegian Cruise Line. "We expect to get more than 90 percent," said Rolf Johan...
- Research articles 2000-02-10
- Star Cruises Completes Tender Offers For Shares And ADSs Of NCL Holding ASA
- Star Cruises PLC (SES "STRC") today announced the results of the successful U.S. and international tender offers by its subsidiary, Arrasas Limited, to acquire all outstanding ordinary shares and all American depositary shares ADSs, each representing four ordinary shares, of NCL Holding ASA, at...
- Research articles 1970-01-01
- Star Cruises Completes Tender Offer For ADRs Of NCL Holding ASA
- Star Cruises PLC (SES "STRC") today announced the successful completion of tender offer by its subsidiary, Arrasas Limited, acquire all outstanding American depositary shares each representing four ordinary shares, of NCL Holding ASA, at a price of the U.S. dollar equivalent NOK 140 per ADS.Preliminary...
- Research articles 1970-01-01
- Star Cruises Completes Tender Offers for Shares and ADSs of NCL Holding ASA
- Business Editors NEW YORK--BUSINESS WIRE--February 16, 2000 Star Cruises PLC (SES "STRC") today announced the results of the successful U.S. and international tender offers by its subsidiary, Arrasas Limited, to acquire all outstanding ordinary shares and all American depositary shares ADSs, each representing four ordinary shares, of NCL...
- Research articles 2000-02-16
- Star Cruises Begins Offer for NCL Shares
- Business Editors KUALA LUMPUR, Malaysia--BUSINESS WIRE--Jan. 13, 2000 Star Cruises PLC today commenced its previously-announced offers to purchase all outstanding ordinary shares of NCL Holding ASA and all outstanding NCL Holding American Depositary Shares each representing four ordinary shares not owned by Star Cruises and related companies (the...
- Research articles 2000-01-13
- Star Cruises Acquires NCL Shares
- Star Cruises PLC (SES "STRC") announced that on February 9, 2000, its subsidiary, Arrasas Limited, acquired an additional 6,874,800 ordinary shares of NCL Holding ASA at a price of NOK 35 per share. Star and its affiliates now hold a total of 184,693,943 shares currently...
- Research articles 1970-01-01
- Asian Cruise Company Won't Increase Bid for Norwegian Cruise Line Parent.(Knight Ridder/Tribune Business News)
- Jan. 14--Scoffing at efforts to elicit a higher bid, Star Cruises, Asia's largest cruise company, said Thursday it won't raise its $2 billion cash-and-debt offer for Norway's NCL Holding, parent company of Norwegian Cruise Line. Star Cruises has offered 35 kroner per share for...
- Research articles 2000-01-14
- Norwegian Cruise Line Urges Shareholders to Accept Takeover Bid.(Knight Ridder/Tribune Business News)
- Feb. 4--Norwegian Cruise Line gave up its two-month battle for a higher buyout offer Thursday, when it urged shareholders to accept the $1.9 billion takeover bid from Star Cruises and Carnival Corp. The board of NCL Holding, the cruise line's parent company, made its...
- Research articles 2000-02-03
- New Parent Firms' Selection Takes Helm at Miami-Based Cruise Line.(Knight Ridder/Tribune Business News)
- Feb. 18--When NCL Holding, parent of Miami's Norwegian Cruise Lines, was trying to fend off a hostile takeover by Star Cruises and Carnival Corp., it painted a rosy picture of its finances: Profits were growing rapidly, and the company was expanding. Now that Star...
- Research articles 2000-02-17
- Asia's Leading Cruise Line Launches Bid for Norwegian Company.
- Knight Ridder/Tribune Business News Dec. 18 -- Star Cruises, Asia's leading cruise line, Friday launched a surprise bid for Norwegian Cruise Line, one day after rival Carnival Corp. gave up its hostile takeover effort. Star Friday increased its stake in NCL Holding...
- Research articles 1999-12-17
- Parent Firm of Norwegian Cruise Lines Moves to Thwart Takeover Bid.(Knight Ridder/Tribune Business News)
- Jan. 25--Stepping up efforts to halt a takeover bid by Star Cruises, Norwegian Cruise Lines' parent company said Monday it will propose issuing 120 million new shares of stock. In a statement to the Oslo stock exchange, NCL Holding said the proposal will be...
- Research articles 2000-01-25
- Miami Cruise Line Faces Challenge of Rounding Up Shares for Merger.(Knight Ridder/Tribune Business News)
- Jan. 29--Now that NCL Holding, parent of Miami's Norwegian Cruise Line, has decided which suitor it wants for a merger, it has a challenging task ahead -- rounding up the shares it needs to complete the deal. Carnival Corp., the Miami cruise giant, Thursday...
- Research articles 2000-01-28
- Norway Stock Exchange Chairman Resigns over Cruise-Line Takeover Battle.(Knight Ridder/Tribune Business News)
- Feb. 1--The increasingly contentious takeover battle for Norwegian Cruise Line has spilled over into the Oslo Stock Exchange. Ole Lund, chairman of the exchange, resigned Monday after his impartiality was questioned regarding the bid by Star Cruises' to acquire NCL. Lund, a lawyer who...
- Research articles 2000-01-31
- Rival Firms to Make Joint Bid for Norwegian Cruise Line's Parent.(Knight Ridder/Tribune Business News)
- Feb. 3--In what may be the final blow for Norwegian Cruise Line's independence, rival suitors Carnival Corp. and Star Cruises agreed Tuesday to join forces in a bid for the Miami cruise line's parent company, NCL Holding. The deal likely ends a two-month struggle...
- Research articles 2000-02-02
- The Miami Herald Florida Business Briefs Column.(Knight Ridder/Tribune Business News)
- Feb. 10--NORWEGIAN CRUISE: STAR BOOSTS STAKE TO NEARLY 70 PERCENT: Star Cruises on Wednesday increased its share of NCL Holding, parent company of Miami-based Norwegian Cruise Line, to 69 percent. Arrasas Ltd., a subsidiary of the Asian cruise company, bought nearly seven million shares of NCL...
- Research articles 2000-02-09
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