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Saudi sovereign wealth fund reportedly in talks to acquire Seabourn

Wednesday, 25 May 20223 min read
Saudi sovereign wealth fund reportedly in talks to acquire Seabourn

Carnival’s luxury cruise brand Seabourn could be changing hands.

CNBC reports early talks have taken place withthe Saudi sovereign wealth fund for a possible sale. Talks between the two are still ongoing.

Seabourn was established in 1988 and operates six ships in the ultra-luxury segment.

The Saudi sovereign wealth fund, known as the Public Investment Fund, has an existing 5% stake in Carnival Corp.