Norwegian to acquire Prestige Cruises for $3B

Norwegian Cruise Line Holdings Ltd., the world's third-largest cruise operator, said Tuesday it would acquire peer Prestige Cruises International Inc. for $3 billion.

According to a Reuters reports, the deal would give Norwegian Cruise access to Prestige's luxury ships and affluent clientele.

Miami-based Norwegian Cruise operates 13 cruise ships in routes spanning North America, the Mediterranean, the Baltic, Central America and the Caribbean. It had revenue of $2.57 billion in 2013, up 13 percent from 2012, according to Reuters.

Read more from Reuters.