Carnival will unify its dual listings in New York and London, redomiciling from Panama to Bermuda and renaming the parent company Carnival Corporation Ltd. The UK-listed Carnival Plc will become a wholly owned subsidiary, with the primary listing solely on the New York Stock Exchange. This move, awaiting shareholder and regulatory approvals, is expected to simplify governance, reduce costs, and enhance liquidity.
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Cruise operator Carnival to unify dual listing
Carnival will unify its dual listings in New York and London, redomiciling from Panama to Bermuda and renaming the parent company Carnival Corporation Ltd. The UK-listed Carnival Plc will become a wholly owned subsidiary, with the primary listing solely on the New York Stock Exchange. This move, awaiting shareholder and regulatory approvals, is expected to simplify governance, reduce costs, and enhance liquidity.