Hapag-Lloyd offers new proposals in bid to take over Zim

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Hapag-Lloyd offers new proposals in bid to take over Zim

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Hapag-Lloyd has been granted an additional 30 days by Israeli authorities to revise its $4.2 billion proposal to acquire Zim, aiming to quell concerns and secure approval from the government.

Hapag-Lloyd may yet land its prize purchase of Zim, the Israeli government affording the carrier an extra 30 days to revise the details of its proposed $4.2bn takeover and silence critics in Tel Aviv who remain hostile to the deal. The post Hapag-Lloyd offers new proposals in bid to take over Zim appeared first on The Loadstar.

Politics Markets Deals Shipping Hapag-Lloyd Zim Israeli government acquisition bid shipping industry proposal revision

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