Carlson Companies has sold Regent Seven Seas Cruises to private-equity firm Apollo Management. Apollo purchased a majority interest in Oceania Cruises in January, and the two brands will form a new company called Prestige Cruise Holdings (PCH). Oceania CEO Frank Del Rio will become CEO of PCH; Oceania and Regent will maintain their own independent [...]
Entries Tagged as ‘Apollo Management’
Tuesday, 11 December 2007
Carlson Sells Regent to Apollo; Regent and Oceania Form Prestige Cruise Holdings
Tuesday, 6 November 2007
Regent: New Ship on the Way?
While speculation continues about whether Regent Seven Seas Cruises has been sold to private equity firm Apollo Management, Seatrade Insider reports that the company has been preparing plans for a new ship.
According to the report, the new ship would be similar to 700-berth, 48,075 GT Seven Seas Mariner, delivered from Chantiers de l’Atlantique (now part [...]
Saturday, 3 November 2007
Regent to Apollo?
CFO.com reports that private equity firm Apollo Management, controlling shareholder of NCL and Oceania Cruises, will acquire Regent Seven Seas Cruises for $1 billion. The article is dated 29 October, but no announcement has yet been made and it wasn’t brought to my attention until today, in an e-mail from a reader.
Rumors to this effect [...]
