On 16 February 2026, Hapag-Lloyd (HLAG) announced the acquisition of ZIM at a valuation of USD 4.2bn i.e. USD 35 per share, which implies a 58% premium over ZIM’s closing price on Friday (13 February 2026). The transaction is at an implied P/B multiple of 1.0x, compared to HLAG’s current P/B of 1.2x and a …