Israeli Ministries Seek to Block $4.2 Billion ZIM Sale

Several Israeli ministries are moving to block the $4.2 billion sale of shipping company ZIM, citing national security concerns, despite the deal being approved by shareholders in April.

31 May, 22:54 — 31 May, 22:54

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Israeli ministries move to block $4.2 billion sale of ZIM over security concerns

The opposition centers on a deal approved by ZIM shareholders at the end of April under which the company would be acquired for $4.2 billion, roughly $1 billion above its current market valuation.

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Israeli Ministries Seek to Block $4.2 Billion ZIM Sale

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Israeli ministries move to block $4.2 billion sale of ZIM over security concerns

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