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Economy04:14 · 15m ago

Hapag-Lloyd CEO to Visit Israel with New Offer for Zim Shipping Company

Translated & summarized from NEWSru Israel by baba
The story · English

The CEO of German shipping giant Hapag-Lloyd, Rolf Habben Jansen, is scheduled to visit Israel to work with the FIMI investment fund on a revised offer to acquire Israel Corporation's (Zim) shipping company. The new proposal aims to address concerns raised by Israeli regulators who previously opposed the $4.2 billion deal. Six out of eight required regulators had rejected the initial offer, citing worries about Zim's international shipping routes and financial stability. Hapag-Lloyd and FIMI are reportedly preparing this new bid in response to these regulatory objections.

Read the original at NEWSru Israel
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