Following last week’s surprise leadership change at Norwegian Cruise Line Holdings, Prestige Cruises International has withdrawn long held plans for an initial public offering.
Prestige, which operates under the Oceania and Regent Seven Seas luxury cruise brands originally filed for an IPO last January before NCLH declared an interest in acquiring Prestige.
That transaction was finally completed in November in a $3 billion deal.
Prestige had aimed to raise about $250 million from the public offering.
