Brief: Viking Line To Launch Partnership With Gotlandsbolaget

Viking Line Abp

09/08/2023 14:20

Aug 9 (Reuters) - Viking Line Abp  VIK1V.HE :
    * VIKING LINE TO LAUNCH PARTNERSHIP WITH GOTLANDSBOLAGET -
CRUISE
SERVICE TO BE RUN UNDER JOINT MANAGEMENT
    * CO AND GOTLANDSBOLAGET ARE TO FORM A JOINT VENTURE
ENTRUSTED
WITH TASK OF DEVELOPING AND PROVIDING CRUISES WITH M/S BIRKA
STOCKHOLM
    * INITIAL CONTRACT FOR PARTNERSHIP RUNS FOR FIVE YEARS WITH
POSSIBILITY OF EXTENSION
    * COMPLETION OF THIS BUSINESS TRANSACTION AND START-UP OF
NEW
JOINT VENTURE ARE CONTINGENT ON APPROVAL OF SWEDISH COMPETITION
AUTHORITY
    * NEW COMPANY WILL BE HEADQUARTERED IN STOCKHOLM AND RUN
UNDER
MANAGEMENT OF CEO SUSANNE KAARNIMO-KNIGHT

Source text for Eikon:  ID:nWkr5s9C0Y 
Further company coverage:  VIK1V.HE 

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