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Carnival finalizes Spanish cruise deal (Miami Herald)


In a bid to navigate further into the highly profitable European cruise market, Carnival Corp. said Wednesday it had finalized an agreement to buy a majority stake in a Spanish cruise operator. The company said the roughly $437.3 million deal with Orizonia Corporaci n would give Miami-based Carnival 75 percent ownership in the new three-ship venture, christened Iberocruceros. More Info…

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