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 [...]
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 [...]
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 [...]
