A high-stakes corporate battle has erupted over the future of Israel’s national shipping carrier, ZIM Integrated Shipping Services. Just days after ZIM shareholders voted overwhelmingly to approve a $4.2 billion merger with German giant Hapag-Lloyd, a rival Israeli investment group has submitted a superior counter-offer. Zim shareholders approve $4.2 billion sale to Hapag-Lloyd The $4.5 … Continue reading Rival takeover bid disrupts ZIM’s planned merger with Hapag-Lloyd