Ridley launches strategic review process, controlling shareholder wants to sell
"Investors are cautioned that there can be no assurance that any transaction will be pursued, announced, entered into, or consummated by the company in connection with the strategic review process." - Ridley Inc. (TSX:RCL) said Tuesday that it launched a strategic review process after the firm's controlling shareholder, Ridley Corp. Ltd., said it wants to sell its 69 per cent stake in the firm.The animal feed company said it has started to explore potential sale alternatives for Ridley Corp. Ltd. and other shareholders.The company said it has hired CIBC World Markets Inc. as its financial adviser and Davies Ward Phillips & Vineberg LLP as its legal adviser."The strategic review process is at its initial stage and the company has not yet received any proposals or offers for the company, and no agreements, other than confidentiality agreements, have been entered into with any interested parties," the company said in a statement. Read more
topix.net Fri, 09 May 2008 15:22:08 GMT
Confidence from cruise boss
"I think your average person who works hard all year will still want to experience something of quality during their vacation. It will be the experience of those weeks that will determine when you look back if the year has been a good one." BEHIND the razzmatazz of the arrival and naming of Royal Caribbean Line's Independence of the Seas in Southampton last week, lies some pretty heavy investment. via The Daily Echo
topix.net Wed, 07 May 2008 15:21:37 GMT
RCI Execs See Growth in Global Markets
Thu May 01 2008, by Carol Eannarino Aboard Independence of the Seas -- The debut of the Independence of the Seas this week is indicative of Royal Caribbean's move to continue its expansion into the UK and ... via Travel Trade
topix.net Mon, 05 May 2008 15:16:34 GMT
Celebrity Galaxy Moves to TUI Cruises
"We are very pleased to have Celebrity Galaxy become the first ship in the new TUI Cruises fleet" Celebrity Cruises' Celebrity Galaxy will become the first ship to join the new TUI Cruises brand for the German market established through a joint venture between Royal Caribbean Cruises Ltd. via Travel Trade
topix.net Sat, 03 May 2008 15:06:04 GMT
RCCL Posts Record 1st Quarter Yield Performance
"Our record yield performance in the first quarter and our solid forward bookings demonstrate our resilience and are certainly reassuring" Thu Apr 24 2008, by TravelTrade Staff Royal Caribbean Cruises Ltd. today announced net income for the first quarter 2008 of $75.6 million compared to net income of $8.8 million in 2007. via Travel Trade
topix.net Thu, 01 May 2008 14:52:39 GMT
RCL Ship to be Modernized at Blohm + Voss Repair
After the cruise liner GTV Summit had been docked in Elbe 17 for about two weeks for the installation of a new diesel generator, on April 27. via Marine News
topix.net Tue, 29 Apr 2008 14:41:09 GMT
Port Canaveral seeks $32M bank loan for expansion
Unable to find financing in a chaotic bond market, Port Canaveral will take the unusual step of borrowing directly from a bank to pay for $32 million worth of construction upgrades needed to accommodate Disney ... via The Orlando Sentinel
topix.net Sun, 27 Apr 2008 14:16:35 GMT
Magical close encounters
MAGGY Oehlbeck gets up close to the legends - past and present - of New Zealand's spectacular Bay of Islands during a cruise on the Oceanic Discoverer.
News.com Sat, 10 Mar 2007 13:00:00 GMT
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