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(From FT Investor (Pulses))
Peter Ratcliffe, chief executive of P&O Princess , the company at the centre of a two-way bid battle, on Tuesday said that he had yet to meet with rival Carnival following approval from US regulators to clear a hostile bid from the company. Mr Ratcliffe, who continued to recommend a nil premium merger with Royal Caribbean, said that although a meeting had not happened the group was "in the process of setting that up" and that it ...