Category: Zim Integrated Shipping Services
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Hapag-LLoyd to acquire ZIM in $4.2 BN cash deal
Hapag-LLoyd to acquire ZIM in $4.2 BN cash deal More consolidation in the container shipping business: Hamburg-headquartered Hapag-Lloyd and Haifa, Israel-headquartered ZIM Integrated Shipping Services Ltd have signed an agreement under which Hapag-Lloyd will acquire 100% of ZIM’s shares for a consideration of $35.00 per share in cash. The total transaction value amounts to over…