ZIM Integrated Shipping Shares Are Trending Overnight: Here's Why - ZIM Integrated Shipping (NYSE:ZIM)

ZIM Integrated Shipping Shares Are Trending Overnight: Here's Why - ZIM Integrated Shipping (NYSE:ZIM)

ZIM Integrated Shipping Services Ltd. (NYSE:ZIM) shares are trending on Wednesday. Check out the current price of ZIM stock here.  Shares of the Israel-based company slipped 1.13% in after-hours trading on Tuesday, closing at $19.29. Board Reviews Acquisition Proposal According to a statement issued on Tuesday, ZIM Integrated Shipping Services’ board is conducting a strategic review after receiving a preliminary, non-binding proposal from CEO an…

Why Zim Integrated Shipping Services Stock Zoomed Nearly 14% Higher Today

Key PointsThe ocean shipper's board of directors is weighing "potential value creation alternatives."These include a buyout offer involving its current CEO. 10 stocks we like better than Zim Integrated Shipping Services › Takeover talk has revived with Zim Integrated Shipping Services (NYSE: ZIM), and investors piled into the stock in fresh anticipation of a sale. On Tuesday, the possibility sent the marine logistics specialist's equity to a pri…

ZIM board "reviewing alternatives" including sale

The board has apparently decided not to proceed with a buyout offer from its CEO Eli Glickman and Rami Ungar.

Glickman’s $2.4bn play for ZIM rejected as board eyes wider options

Israeli shipping company ZIM has rejected an offer to acquire the company at a $2.4bn valuation. ZIM announced on Tuesday that it has formed a team to examine strategic alternatives regarding the company’s future. The move followed a non-binding offer submitted by ZIM CEO Eli Glickman and Rami Ungar, who heads up Ray Car Carriers, …