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P&O Princess upbeat on full-year earnings.

Europe Intelligence Wire

| August 10, 2002 | COPYRIGHT 2002 Financial Times Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

(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 ...

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