Companies Authority cools ZIM (ZIM) sale with warning to Chairman
SourceNewswires
Importance
Level 1
- "The State has the right to oppose the sale"
- The Shipping company's Chairman of the Board of Directors Yair Sarosi said the Companies Authority is responsible for enforcing the interests order under which ZIM operates, which requires State approval for the sale of more than 24% of its shares; ZIM is conducting a sale process, and the Danish companies Marske and the German company Hapag Lloyd are interested in purchasing
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