Zim bidder faces foreclosure despite US$4.5 billion takeover offer
Businessman Haim Sakal, who submitted a $4.5 billion bid to acquire shipping company Zim, is facing foreclosure proceedings over a property in Herzliya Pituach. The takeover bid complicates Zim’s planned merger with Hapag-Lloyd.
Haim Sakal Zim foreclosure takeover bid Hapag-Lloyd