MSC Joins Hapag-Lloyd in Battle to Acquire Israeli Shipping Giant ZIM
Swiss shipping leader MSC submits takeover bid for ZIM, competing with Germany's Hapag-Lloyd as employees and government raise national security concerns over foreign ownership.
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German Shipping Giant Hapag-Lloyd Offers to Acquire ZIM, Sparking Fierce Opposition and Security Alarms
Hapag-Lloyd (backed by Qatar/Saudi Arabia) bids for ZIM. Workers warn the sale is a "direct danger to the security of the country," urging the government to block the vital deal.
ZIM Begins Strategic Review After Buyout Proposal
ZIM Integrated Shipping launches a strategic review after receiving a preliminary buyout proposal from CEO Eli Glickman and Rami Ungar, with "multiple parties" expressing interest.