Maersk ships early movers as IMO unveils Hormuz evacuation plan
The trickle of vessels transiting Hormuz strengthened into a flow almost overnight after the International ...
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© David Wood
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As opposition mounts against Hapag-Lloyd’s (HL) $4.2bn takeover of Zim’s international shipping business, could the Israeli government be about to scupper the deal?
Its share price movement – or lack thereof in the mid-$20 area; at a steep near-30% discount against HL’s $35/share cash offer – clearly indicates that the transaction continues to hang in the balance.
As we know…
Hapag-Lloyd and the Israeli investment fund FIMI’s joint offer would carve up Zim – with the German carrier taking on its international business ...
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