Carnival Boosts Takeover Offer for P&O Princess
Carnival Corp raises bid by 12 percent to 3.5 billion pounds for Princess, as Princess weighs delaying its merger with Royal Caribbean. The revised cash and share proposal values Princess at 500 pence per share, including 250 pence cash and 0.1380 Carnival shares. Princess plans to press ahead with the Royal Caribbean merger, while Carnival urges shareholders to vote against it if the meeting proceeds. Regulators in Germany, Britain and the United States are reviewing the deals, with a decision anticipated by late January.
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London
Carnival Corp
P&o Princess Cruises PLC
P&o Princess
No. 2
Royal Caribbean Cruises Ltd
Carnival
Princess
Royal Caribbean
Micky Alison
United States
Germany
Federal Cartel Office
Britain
Office of Fair Trading
U.S. Federal Trade Commission
Regula
Tors
Jason Ader
Bear Stearns
Powell visits Afghanistan promises aid and staying coalition
Secretary of State Colin Powell, the most senior U.S. official to visit Afghanistan in 25 years, pledged substantial financial aid at Tokyo donors conference and vowed relentless pursuit of al Qaida and Taliban remnants. Prime Minister Karzai called for a lasting U.S. partnership to rebuild institutions and security.
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Kabul
Afghanistan
Colin Powell
U.S
United States
Powell
Hamid Karzai
Tokyo
al-Qaida
Karzai
Washington
White House
Bush
Ari Fleischer
United Nations’ World Food Program
U.N
Spinboldak
Pakistan
Kandahar
Punjab
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