Apollo Management L.P. Acquires Regent Seven Seas Cruises.
PR Newswire Europe, December, 2007
MIAMI, December 10 /PRNewswire/ --
- Regent Seven Seas and Oceania Cruises to Remain Independent Brands
- Carlson to Retain and Expand Regent Hotels & Resorts Worldwide
- Bjorn Gullaksen, Carlson Hotels Veteran, to Lead New Regent Brand Council
Minneapolis-based Carlson and Apollo Management L.P. (Apollo) today announced that Apollo has agreed to acquire Carlson's Regent Seven Seas Cruises operations. The acquisition is expected to be completed in the first quarter of 2008, subject to normal conditions for a transaction of this type, including regulatory approval. The cruise operations will continue as a key part of the global Regent brand.
Regent Seven Seas Cruises and Oceania Cruises will be placed under the ownership of...
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