MSC, Mærsk & CMA CGM – where rivalry doesn't matter (and where it does)
Behind closed doors
ID 37216521
© Travelling-light
| Dreamstime.com
(Editor’s note: This post was originally published at 1.00pm EST on Tuesday, 17 Feb)
WELCOME!
M&A arbitrage corner, let’s dance.
Reuters reports that Zim Integrated Shipping (ZIM) workers “stopped all work” today, “stepping up a strike to press for job security guarantees after Germany’s Hapag-Lloyd, said it would buy the Israeli shipping company for $4.2bn”.
It added:
“About 800 unionized employees of a total of 1,000 workers at ZIM began the strike on Sunday at its headquarters in Haifa following talk of a planned takeover ...
Comment on this article