Overview
- Transportation Minister Miri Regev ordered an immediate examination after officials were caught off guard, directing Director-General Moshe Ben-Zaken to evaluate veto options.
- The agreement, reported to exceed $3.5 billion, would shift ownership to a Hapag-Lloyd–FIMI consortium and result in ZIM’s delisting from Wall Street.
- Sources say the acquirer structured a split of ZIM’s operations that could make a state challenge more difficult to mount.
- The European Commission may scrutinize the deal for antitrust issues given Hapag-Lloyd’s global scale and the planned purchase of nearly 100 ZIM shipping lines.
- ZIM’s workers’ union announced a 48-hour warning strike in response to the emerging sale.