Shareholders of ZIM Integrated Shipping Services have approved the company’s sale to Hapag-Lloyd in a $4.2 billion deal, according to Calcalist. The transaction received 97.36% approval, clearing a major hurdle. It still requires regulatory approvals before completion. Deal structure Hapag-Lloyd and its partners will acquire 100% of Zim’s shares for $35 per share in cash. … Continue reading Zim shareholders approve $4.2 billion sale to Hapag-Lloyd