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Hapag-Lloyd and FIMI to Submit Improved Zim Acquisition Bid

ZIM Integrated Shipping Services logoZIM Integrated Shipping Services
Sig3.99Sen-1.17Env0.00Soc-0.03Gov-0.37
Hapag-Lloyd logoHapag-Lloyd
Sig3.93Sen+0.41Env0.00Soc+0.54Gov+0.44

Hapag-Lloyd and FIMI will submit an improved bid to acquire Zim after the Companies Authority gave them 30 days to make structural changes to the $4.2 billion deal. The changes are meant to address Israeli government concerns about golden-share restrictions, strengthen state control and maritime security, and include additional funding for Israel’s maritime workforce.

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