Report: Israeli Regulator and Union Threaten Sale of Zim to Hapag
Reports from Israel continue to cite pockets of opposition to the agreement to sell Zim to Hapag-Lloyd in a deal valued at $4.2 billion and then split it into domestic and international operations. Zim has long held a unique position, viewed as a national asset, and many believe it is critical to the security of the Israeli state. Zim dates back to the formation of Israel, and in its 80-year history, it has been a means of transporting cargo for...
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