Israel Halts Review of Zim Sale to Hapag-Lloyd, FIMI
Summarized from Ynetnews by baba
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OriginalIsrael halts review of Zim sale to Hapag-Lloyd, FIMIThe story in 5 lines · by baba
- Israel's Government Companies Authority halted review of Zim's sale to Hapag-Lloyd and FIMI.
- Parties must submit a new application for any revised deal structure.
- Zim's board will decide on future negotiations or seeking other buyers.
- Government opposition exists due to Israel's "golden share" in Zim.
- The original deal structure is now off the table.
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