On February 20, Carnival Corporation (CCL) and Carnival plc (CUK) entered into a unification agreement. Pursuant to the Unification Agreement, Carnival Corporation and Carnival plc agreed to cooperate and use reasonable endeavors to implement the unification of Carnival Corporation and Carnival plc’s dual listed company structure under a single company, Carnival Corporation, with Carnival plc as its wholly-owned UK subsidiary, and the migration of Carnival Corporation from the Republic of Panama, where Carnival Corporation is currently domiciled, to Bermuda under the name “Carnival Corporation Ltd.”, in each case, in accordance with the terms set out in the Unification Agreement.
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