Hapag-Lloyd bids for ZIM, faces worker opposition

According to Globes, Israel business news, international shipping giant Hapag-Lloyd has made an initial offer to acquire Zim Integrated Shipping Services. Negotiations have not yet started. Other potential buyers, including MSC and Maersk, have also expressed interest. ZIM, ranked ninth globally with a 2.5% market share, is currently valued at $2.4 billion. The bid follows … Continue reading Hapag-Lloyd bids for ZIM, faces worker opposition