Hapag-Lloyd Confirms Negotiations for ZIM Acquisition

The Management Board of Hapag-Lloyd Aktiengesellschaft confirms negotiations regarding an acquisition of Zim Integrated Shipping Services Ltd. The Management Board of Hapag-Lloyd Aktiengesellschaft (“Company”) is in advanced negotiations regarding a potential acquisition of all shares in its Israeli competitor Zim Integrated Shipping Services Ltd. (“ZIM”). To date no binding agreements have been entered into. The …

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