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Old June 17th, 2002, 01:21 PM
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Admiral
 
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Default From the SeaTrade Insider...Princess/RCI?

UK merger ruling this week?
17/06/02

UK Trade Secretary Patricia Hewitt is expected to release a ruling on the P&O Princess merger this week. Sources in Miami have told Seatrade Insider a decision is expected by Friday. London's Daily Telegraph in an unsourced report says Hewitt will approve the RCL-POC merger by Wednesday. In early afternoon trading, POC shares in London were up 9 1/4 pence at 429 1/4 pence while RCL in Oslo was up 4 kroner at 166.5 kroner.
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Old June 19th, 2002, 07:14 PM
BillG
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Default Re: From the SeaTrade Insider...Princess/RCI?

merger was approved by the UK but is still pending FTC review here in the US. I imagine it will be some time before this thing is wrapped up, whatever the eventual outcome.
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