Hapag-Lloyd faces mounting Israeli opposition to $4.2 billion ZIM deal

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Hapag-Lloyd and FIMI face increasing opposition from Israeli government bodies regarding their $4.2 billion acquisition bid for ZIM. They are working on a revised proposal to secure approval and address critics in Tel Aviv.

Hapag-Lloyd and FIMI are facing mounting opposition in Israel over their proposed US$4.2 billion acquisition of ZIM, as the buyers work on a revised proposal aimed at securing government approval. Hapag-Lloyd and FIMI to revise $4.2 billion ZIM acquisition bid According to Israeli business newspaper Calcalist, eight government bodies are expected to provide positions on […] The post Hapag-Lloyd faces mounting Israeli opposition to $4.2 billion ZIM deal appeared first on Container News.