Norwegian working with Goldman to sell stake in company, Reuters reports - InvestingChannel

Norwegian working with Goldman to sell stake in company, Reuters reports

Norwegian Cruise Line (NCLH) has hired Goldman Sachs (GS) to explore financing options that could include the sale of a stake in the company, Joshua Franklin and Greg Roumeliotis of Reuters reported on Friday, citing people familiar with the matter. Among the options Norwegian is considering is a stake sale known as private investment in public equity, or PIPE, sources told Reuters. The company is in talks with several private equity firms about a PIPE deal, the sources added. Shares of Norwegian Cruise Line closed Friday up 9%, or $1.03, to $12.38.