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flag Hapag-Lloyd and FIMI to buy Zim for $3.5B, with Israel keeping veto power via golden share.

flag Hapag-Lloyd, a German shipping company, and Israeli private equity firm FIMI have agreed to acquire Zim Integrated Shipping Services in a deal valued at over $3.5 billion. flag Under the agreement, Hapag-Lloyd will take control of Zim’s international operations, including global trade routes and chartered vessels, while FIMI will assume ownership of Zim’s domestic assets, including 16 ships, Israeli shipping lines, and compliance responsibilities. flag Israel will retain a “golden share” granting it veto power over strategic decisions, ensuring national control over critical maritime functions. flag The transaction, which will delist Zim from the NYSE, is pending regulatory approval and follows months of negotiations. flag The deal reflects broader industry consolidation and international investment trends, though it has sparked concerns among workers and raised questions about foreign ownership due to Hapag-Lloyd’s ties to Qatar and Saudi Arabia.

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