The company will this week propose a dual-listed company merger with Carnival Corporation, its American rival.
Should it win shareholder approval, Gerald Cahill, Carnivals CFO is expected to retain his position, with Nick Luff, the current FD of P&O making way.
P&O Princess Cruises is valued at around £3.25bn, and a spokesman for the company said the deal was merely a ‘formality’.
The Financial Reporting Council has issued guidance regarding the annual reporting of 1,200 large and smaller listed companies. The letter highlighted the key issues and improvements that can be made in the 2016 reporting season
Baldwins Accountancy Group has continued investment in the north-east and appointed David Fish as a director in its corporate finance team
UK M&A activity bounced back strongly in July and August, according to analysis by the deals practice at PwC.
Smith & Williamson has added Jim Clark and Philip Marsden, of Marsden Clark Corporate Finance Limited, to its corporate finance team.