By Steven Scheer JERUSALEM, Feb 17 (Reuters) - Workers at ZIM Integrated Shipping Services stopped all work on Tuesday, ...
The Times of Israel on MSN
Knesset panel flags national security fears over Zim’s sale to German shipping rival
Lawmakers caution that Zim played a vital role for Israel's economy and security during the war, including with emergency ...
Heated discussions have begun as Israel’s Economic Affairs Committee discusses the sale of the strategically important container line to Hapag-Lloyd ...
ZIM Integrated Shipping has received a $35/share cash acquisition offer from Hapag-Lloyd. The offer implies a 1.06x P/B ratio, nearly double ZIM's historical average, and is highly attractive given ...
ZIM stock surged 34% Tuesday after Hapag-Lloyd agreed to buy the Israeli shipper for $4.2B at $35/share, a 58% premium, ...
Hapag-Lloyd AG is in advanced talks to acquire Israeli competitor Zim Integrated Shipping Services Ltd, the German company ...
Lloyd's $3.5B acquisition with FIMI would delist Israeli carrier valued at $2.7B, pending 2027 regulatory approval and ...
Hapag-Lloyd AG is buying Israel’s Zim Integrated Shipping Services Ltd as the German shipping company aims to grow in size and bolster its presence in Asia.
The deal, spearheaded by German titan Hapag-Lloyd (ETR: HLAG) in a strategic partnership with Israel’s FIMI Opportunity Funds ...
Hapag-Lloyd is set to acquire ZIM Integrated Shipping Services Ltd. for over $4.2 billion, or $35 per share in cash. Learn more about ZIM stock here.
There’s been increased consolidation pressure in the industry due to a slump in freight rates during the pandemic, when carriers ordered a record number of ships to meet demand.
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