Hapag-Lloyd AG is in advanced talks to acquire Israeli competitor Zim Integrated Shipping Services Ltd, the German company said on Sunday. Discussions with Israeli financial investor FIMI Opportunity ...
Represents 58% Premium to ZIM's Prior-Day Closing Stock Price and 126% Premium to ZIM's Unaffected Stock Price Combined Company Will Increase its Service Offerings to Customers Through an Expanded ...
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About ZIM Integrated Shipping Services Ltd. ZIM Integrated Shipping Services Ltd. engages in the provision of shipping and logistics services. It offers shipping solutions, including the ...
Hapag-Lloyd is buying Israeli competitor Zim Integrated Shipping Services for $4.2 billion as the shipping firm looks to bolster its capacity. Germany-based Hapag-Lloyd said Monday that it signed a ...
German shipping giant in talks to buy Israel’s Zim for up to $3.5B; workers go on strike As part of the deal, Hapag-Lloyd would join forces with Israeli private equity fund FIMI to take over ...
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Israel will retain its golden share in Zim under the agreement to sell the shipping company to a German buyer, whose shares are partially held by Qatar and Saudi Arabia.