188bet Live Casino Cruises acquires all remaining shares of Silversea Cruises

Big Traffic Author of this article: Guan Zichen 2020-07-14
Achieve greater business scale than Silversea 188bet Live Casino could achieve alone。

Although the epidemic has caused a huge impact on the cruise industry,However, 188bet Live Casino, an important company in the industry, has not stopped its layout。July 13,Beijing Business Daily reporter learned from 188bet Live Casino International Cruises (hereinafter referred to as "188bet Live Casino") China,The company has completed the acquisition of all remaining shares of Silversea Cruises。Previously,188bet Live Casino acquires two-thirds of Silversea Cruises。For this acquisition,Representation from 188bet Live Casino,Still optimistic about the cruise market after the epidemic。

Beijing Business Daily reporter learned,In latest acquisition,188bet Live Casino acquired 5.2 million group common shares (approximately 2% of the total number of common shares.5%) in exchange for Heritage Cruise Holding Ltd.The remaining one-third shareholding of Silversea Cruises。Representation from 188bet Live Casino,This acquisition means that Silversea Cruises is fully owned by 188bet Live Casino。

October 2018,188bet Live Casino acquires two-thirds of Silversea Cruises for billion (66.7%),And debt financing for this purpose。Public information display,Silversea Cruises is the world’s top luxury cruise group,And it has a large market share in both the luxury cruise and expedition cruise markets。

It is reported,After 188bet Live Casino acquires Silversea Cruises,The cooperation between the two parties includes: promoting the growth of production capacity in two major potential markets,Achieve greater business scale than Silversea Cruises could achieve alone;Increasing diversity in 188bet Live Casino’s product portfolio,Expanding 188bet Live Casino Expeditions services and more,As well as creating more service demand and vacation and purpose options for passengers of both companies;Achieving Global Market Access、Supply chain、Synergies related to purchasing power and other economies of scale。

Although the acquisition was completed against the trend,But in the short term,Whether it’s 188bet Live Casino or Silversea Cruises,Currently, all flights are temporarily suspended due to the impact of the new coronavirus epidemic。About when to resume sailing,Royal Galle also stated,The company is actively preparing,But the specific resumption time was not disclosed。Also,Still optimistic about the development of the cruise industry after the epidemic。Industry insiders estimate,Judging from the current global epidemic,Large cruise ships resume routes,I’m afraid it will take a while。

*Source of this article:Beijing Business DailyAuthor: Guan Zichen, original title:188bet Live Casino Cruises acquires all remaining shares of Silversea Cruises》.

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