Genting Hong Kong may further reduce stake in cruise operator


PETALING JAYA: Analysts are not ruling out the possibility of Genting Hong Kong Ltd (GHK) and Apollo Global Management LLC – two majority shareholders of Norwegian Cruise Line Holdings Ltd – further reducing their stakes in the Miami-based cruise company.

This was after GHK, also a passenger cruise ship operator, and other shareholders proposed to sell 23 million shares in Norwegian Cruise Line, as reported by Reuters yesterday.

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