Saga floats thought of promoting stake in ocean cruises arm
Saga is exploring methods to launch cash from its ocean cruises operation which may contain promoting its two flagship vessels or offloading your complete enterprise underneath a licensing association.Sky News has learnt that the closely indebted firm, which is listed on the London Stock Exchange, is working with advisers on a spread of potential choices, which additionally embody promoting a stake within the division.
City sources stated on Thursday that the method, which has been underneath means for quite a lot of weeks, had but to achieve any agency conclusions.They added, nonetheless, that Saga's board had decided that its ocean cruises arms, which operates the Spirit of Adventure and Spirit of Discovery, provided the likeliest path to unlocking substantial new financing...









