"Hapag-Lloyd CEO Rolf Habben Jansen spent last night fielding questions on the German carrier’s plans for Zim, should its proposed $4.2bn cash acquisition of the Israeli liner get over the finish line.
Following “unanimous” approval from Zim’s board, the carriers yesterday confirmed a $35 per share merger agreement had been reached, supported by Israeli financial outfit FIMI Opportunity Funds, the country’s leading private equity fund with more than $11bn in assets.
It will create a ‘New Zim’ carrier to cater for domestic needs." Read the original story at: The Loadstar.
Source: The Loadstar