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Monday, January 12, 2015

Prestige Cruises withdraws IPO plan-Reuters

Prestige Cruises International Inc , which was bought by Norwegian Cruise Line Holdings Ltd in a $3 billion deal in September, filed with U.S. regulators to withdraw its plan for an initial public offering. Prestige Cruises, which operates under the Oceania and Regent Seven Seas brands in the upper premium and luxury segments, was created by Apollo Global Management LLC in 2007 to hold its luxury cruise investments.

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