Israeli ministries oppose proposed US$4.2 billion Zim-Hapag merger

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Israeli government ministries oppose the proposed $4.2 billion merger of ZIM Integrated Shipping Services with Hapag-Lloyd and the FIMI fund citing concerns over national security, supply chain resilience, and food security. The opposition includes the Israeli Ministry of Economy and Ministry of Agriculture.

Growing opposition is emerging within the Israeli government against the proposed US$4.2 billion acquisition of ZIM Integrated Shipping Services by Hapag-Lloyd and the FIMI fund, with concerns focusing on national security, supply chain resilience and food security, according to Calcalist. According to Calcalist, Israel’s Ministry of Economy and Ministry of Agriculture have joined the Shipping […] The post Israeli ministries oppose proposed US$4.2 billion Zim-Hapag merger appeared first on Container News.