Treasury Opposes ZIM Deal
10 Articles
10 Articles
Treasury: The structure of the deal does not guarantee effective Israeli control, oversight of ownership and management, or a fleet that will suit national needs over time • The Prime Minister's Office also announced its opposition to the deal
Major mergers and acquisitions are underway that are set to shake up the landscape of the global container shipping market. The competition for mega-capacity among shipping companies has been reignited as Hapag-Lloyd, the world's fifth-largest German shipping company, has agreed to acquire ZIM, the world's tenth-largest Israeli shipping company, for approximately $4.2 billion. If the acquisition is approved, Hapag-Lloyd's fleet capacity will inc…
Hamburger grants Israel further rights in the event of the division of the shipping company. Why the merger could nevertheless fail
Israel. The Ministry of Finance Opposes the Proposal to Sell the Shipping Company Zim to Hapag-Lloyd
AJN.- The Ministry of Finance of Israel presented a formal objection to the proposal to sell the Israeli shipping company Zim Integrated Shipping Services to the German company Hapag-Lloyd for $4.2 billion, considering that the operation poses risks to the national security and maritime independence of the Jewish State. In [...] Entry Israel. The Ministry of Finance opposes the proposal to sell the shipping company Zim to Hapag-Lloyd appears fir…
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