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In March 1960, Cunard bought a 60% shareholding in British Eagle, an independent (non-government owned) airline, for £30 million, and changed its name to Cunard Eagle Airways. The support from this new shareholder enabled Cunard Eagle to become the first British independent airline to operate pure jet airliners , as a result of a £6 million ...
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In 1998, Carnival Corporation purchased a controlling stake in Cunard, completing the acquisition in 1999 to become sole shareholder. [47] Since that time, Cunard has been one of Carnival's most high-profile brands, with the continued popularity of the famous Queen Elizabeth 2 and the development of the world's largest trans-Atlantic Ocean ...
Cunard White Star "Queen Mary" baggage tag. In 1947, Cunard acquired White Star’s 38% share in the company and on 31 December 1949 the company had dropped the White Star name and was renamed Cunard Line. [3] Both the Cunard and White Star house flags were flown on the company's liners at the time of the merger and thereafter.
The London Stock Exchange at Paternoster Square.. Shareholders in the United Kingdom are people and organisations who buy shares in UK companies. In large companies, such as those on the FTSE100, shareholders are overwhelmingly large institutional investors, such as pension funds, insurance companies, mutual funds or similar foreign organisations.
The substantial shareholdings exemption is an exemption from assessment of capital gains under corporation tax applicable to United Kingdom companies.The exemption is found in Schedule 7AC of the Taxation of Chargeable Gains Act 1992.
Trafalgar House acquired the Cunard group of shipping and leisure companies in 1971. [9] At the time of the acquisition, Cunard operated cargo and passenger ships, hotels and resorts; its fleet comprised forty-two active cargo ships, with fourteen more under construction, as well as three passenger ships, with two more under construction.
Smallpeice joined Cunard and was appointed to the board in April 1964. [3] [5] [42] Bill Donald, the deputy chairman of Cunard, retired in June 1965 and Smallpeice was appointed as his replacement, but this was to be a short term position. John Brocklebank stood down on 8 November 1965 on health grounds, and Smallpeice was promoted to chairman ...