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21 September 2021 The on-line newspaper devoted to the world of transports 17:02 GMT+2

April 6, 1998

Carnival buys Britain's Cunard in surprise US$500m deal


US cruise behemoth Carnival Corporation on Friday swallowed up the Queen Elizabeth II and its British parent Cunard Line -- once a trans-Atlantic transport titan, now an also-ran in an era of entertainment cruising.

Carnival, the biggest cruising company in the world, said it and minority partners were paying US$500 million and would merge the five-ship ......
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