Hapag-Lloyd is buying the Israeli shipping company for $35 a share, a 58% premium to the stock’s level as of Friday’s close.
Stock market movers: futures dip in a holiday week as ZIM soars on a $4.2B buyout, biotechs rally on Phase 3 data, and WPM ...
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.
U.S. stock futures fluctuated on Tuesday following Friday’s mixed close. Futures of major benchmark indices were mixed at the ...
Investing.com -- ZIM shares jumped 33.6% in premarket trading on Tuesday after the Israeli shipper agreed to a $35-per-share cash buyout by Hapag-Lloyd, valuing the company at roughly $4.2 billion.
ZIM's board has approved a $4.2 billion deal with Germany's Hapag-Lloyd. Here's why Israeli politicians and ZIM workers are ...
Lloyd's $3.5B acquisition with FIMI would delist Israeli carrier valued at $2.7B, pending 2027 regulatory approval and ...
Wondering if ZIM Integrated Shipping Services at around US$22.20 is priced for opportunity or risk? This article will walk you through what the current market price could be implying about its value.
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.
Zim will be delisted from the New York Stock Exchange once the necessary regulatory and government approvals come through ...
As part of the deal, the German shipping giant would join forces with Israeli private equity fund FIMI to take over ...
Why ZIM Integrated Shipping Services (ZIM) is on investors’ radar ZIM Integrated Shipping Services (NYSE:ZIM) has attracted fresh attention after recent share price moves, with the stock showing a mix ...