Finance
Cruise Operator Carnival to Unify Dual Listing
Published by Global Banking & Finance Review®
Posted on February 20, 2026
1 min readLast updated: April 3, 2026
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Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on February 20, 2026
1 min readLast updated: April 3, 2026
Add as preferred source on GoogleCarnival will combine its New York and London listings into a single NYSE share, redomicile from Panama to Bermuda, and rename the parent Carnival Corporation Ltd, pending shareholder and regulatory approvals. (carnivalcorp.com)
Feb 20 (Reuters) - Carnival will unify its parallel listings in New York and London and redomicile to Bermuda, the cruise operator said on Friday.
The UK‑listed Carnival Plc is expected to become a wholly owned subsidiary and the combined parent will continue to trade on the New York Stock Exchange.
The company, which is currently domiciled in the Republic of Panama, will operate under the name "Carnival Corporation Ltd" after shifting to Bermuda following the unification, the company said in a filing.
Last month, Carnival forecast an upbeat annual profit above Wall Street estimates, boosted by resilient demand from affluent travelers.
Its stock is up about 30% over the last 12 months.
(Reporting by Angela Christy in Bengaluru)
Carnival plans to end its dual‑listed structure, redomicile from Panama to Bermuda, and trade solely on the NYSE as Carnival Corporation Ltd, with Carnival plc becoming a wholly owned UK subsidiary. (carnivalcorp.com)
Shareholder materials are expected in February 2026, votes in April 2026, and—if approved—the unification and Bermuda incorporation are targeted to complete before end‑Q2 2026. ()
Carnival plc shareholders are expected to receive a one‑for‑one exchange into the Bermuda‑incorporated parent; Carnival plc will be delisted from the LSE and its ADRs from the NYSE on completion, while the parent remains on the NYSE. (sec.gov)
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