Zim share sale will be scrutinised by other operators

A number of container ship operators will be scrutinising Zim Integrated Shipping’s books to see if there are any synergy possibilities with the Israeli carrier, said one financial expert.

It emerged on Friday (22 November) that the New York-listed Zim’s largest shareholder Kenon Holdings, which is 62% owned by Idan Ofer will sell its remaining 14.8 million shares in the Israel-based carrier, for an expected US$360 million.

Former shipping analyst Mark McVicar told Container News: “The [Zim]...

https://container-news.com/zim-share-sale-will-be-scrutinised-by-other-operators/

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