SUBSCRIBERS
Genting HK to acquire Crystal Cruises for US$550m from NYK
Leisure, entertainment and hospitality group plans to add a third vessel to the luxury cruise line's fleet
Published Tue, Mar 3, 2015 · 09:50 PM
Singapore
IN a bid to expand its cruise business worldwide, Genting Hong Kong plans to acquire luxury cruise line Crystal Cruises for US$550 million from Japanese shipping firm Nippon Yusen Kaisha (NYK).
"The acquisition will enable the group to take advantage of the growing global demand in the luxur…
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Telegram messaging service to allow Tether stablecoin payments
Hong Kong regulator to probe PwC auditing role over Evergrande
US: S&P, Dow open flat as Middle East jitters ease, Netflix weighs on Nasdaq
DBS puts 46 retail units, HDB shops on market for S$210 million
China to facilitate Hong Kong IPOs and expand Stock Connect
Global equity funds see surge in outflows as rate cut hopes fade