FIMI’s Davidi says Zim deal will create debt-free Israeli shipping company

AI Summary

FIMI's acquisition of Zim aims to establish a debt-free Israeli-controlled shipping company subject to final government approval, following board and shareholder consent.

According to Calcalist, FIMI founder and CEO Ishay Davidi said the planned acquisition of Zim will create a debt-free shipping company under Israeli control, while the transaction now awaits final government approval. Speaking at the Calcalist Financial Future Conference, Davidi said the transaction has already received approval from the companies’ boards, shareholders and the relevant […] The post FIMI’s Davidi says Zim deal will create debt-free Israeli shipping company appeared first on Container News.