A controversial acquisition could reshape the shipping industry. The deal will likely face regulatory hurdles. By the close of trading, ZIM's stock price was up more than 25% after rising as much as ...
Hapag-Lloyd HLAG-4.39%decrease; red down pointing triangle is buying Israeli competitor Zim Integrated Shipping Services ZIM-0.62%decrease; red down pointing triangle for $4.2 billion as the shipping ...
JERUSALEM, Feb 17 (Reuters) - Workers at ZIM Integrated Shipping Services stopped all work on Tuesday, stepping up a strike to press for job security guarantees after Germany's Hapag-Lloyd (HLAG.DE), ...
HARARE, Zimbabwe (AP) — Young women, mothers holding babies and some men lined up in a dusty field on the outskirts of Zimbabwe's capital, Harare. They came for injections of a new HIV prevention drug ...
[Stay on top of transportation news: Get TTNews in your inbox.] Hapag-Lloyd AG is buying Israel’s Zim Integrated Shipping Services Ltd. as the German shipping company aims to grow in size and bolster ...
ZIM Integrated Shipping (ZIM) said Monday that German shipping company Hapag-Lloyd (HPGLY) (HLAGF) agreed to acquire it for $35/share in cash, representing a 58% premium to ZIM's stock price on ...
Stock futures were slightly higher on Tuesday amid a holiday-shortened trading week, spotlighting key economic data and corporate earnings ahead. The offer led to a 36% surge in ZIM shares due to the ...
ZIM shares surge 50% after deal announcement Hapag-Lloyd shares drop 8% on acquisition news ZIM staff strike over acquisition, talks ongoing with union FRANKFURT/TEL AVIV, Feb 16 (Reuters) - Germany's ...
Hapag-Lloyd AG is in advanced talks to acquire Israeli competitor Zim Integrated Shipping Services Ltd, the German company said on Sunday. Discussions with Israeli financial investor FIMI Opportunity ...
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