Financial Ports

$4.2bn Zim deal in limbo: Israel demands stricter shipping safeguards

CLAVE 1 / 4Hapag-Lloyd and Israeli private-equity firm FIMI revise their $4.2 billion offer for Zim Integrated Shipping Services.

CLAVE 2 / 4The original $35 per share cash offer represented a 58% premium over Zim’s February share price.

CLAVE 3 / 4Israel’s government demands tighter controls on foreign ownership, cutting the threshold to 10% from 24%.

CLAVE 4 / 4The revised proposal includes 16 vessels for the Israeli entity, up from the 11 required under existing rules.

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