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Zim, Israel’s flag ocean carrier, confirmed it will be acquired by Hapag-Lloyd of Germany for $4.2 billion. The post ...

ZIM stock surged 34% Tuesday after Hapag-Lloyd agreed to buy the Israeli shipper for $4.2B at $35/share, a 58% premium, ...

Hapag-Lloyd is set to acquire ZIM Integrated Shipping Services Ltd. for over $4.2 billion, or $35 per share in cash. Learn more about ZIM stock here.

By Ludwig Burger, Steven Scheer and Elke Ahlswede FRANKFURT/TEL AVIV, Feb 16 (Reuters) - Germany's Hapag-Lloyd said on Monday it would buy Israel's ZIM Integrated Shipping Services for $4.2 billion in ...

Seaborne transportation companies are trying to consolidate, but union workers aren't happy.

The deal, spearheaded by German titan Hapag-Lloyd (ETR: HLAG) in a strategic partnership with Israel’s FIMI Opportunity Funds ...

Hapag-Lloyd (HPGLY) is rated Hold with a €90 target, as the Red Sea/Suez reopening may cut freight rates and earnings. Click here to read my most recent analysis.

In December, "Globes" was the first to report that Hapag-Lloyd was in talks to buy ZIM. The share price of the German ...

By acquiring ZIM, Hapag-Lloyd increases chartered vessel exposure, a strategy executives say will help adjust capacity and costs during a freight downturn.

ZIM Integrated Shipping Services Ltd. ZIM shares surged premarket on Tuesday as the company disclosed a merger agreement with ...