CLAVE 1 / 4Hapag-Lloyd granted a 30-day extension to address Israeli government concerns over its $4.2bn bid for Zim.
CLAVE 2 / 4Proposal to slash foreign ownership threshold from 24% to 10% to avoid triggering the golden share.
CLAVE 3 / 4Six of eight Israeli ministries, including Transport and Defence, were set to block the deal.
CLAVE 4 / 4Zim Israel would own 16 ships, exceeding the 11 required under current terms.
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