By acquiring ZIM, Hapag-Lloyd increases chartered vessel exposure, a strategy executives say will help adjust capacity and ...

Hapag-Lloyd is buying the Israeli shipping company for $35 a share, a 58% premium to the stock’s level as of Friday’s close.

The price is a 65% premium to Zim’s closing price on Friday and the combined business will have more than 400 vessels.

Under the deal, Hapag-Lloyd will operate a fleet of more than 400 vessels, creating a capacity of over 3 million TEUs.

The acquisition will see Hapag-Lloyd take over the 10th largest container shipping line in the world and grow its global network ...

Shipping line Hapag-Lloyd has agreed to buy its Israeli rival Zim, in a $4.2bn deal that will expand the German group’s container shipping business and secure its routes.

Global container shipping line Hapag-Lloyd is acquiring Israeli shipping company ZIM Integrated Shipping Services in a $4.2bn (€3.54bn) deal. Hapag-Lloyd is buying all of NYSE-listed ZIM’s shares at ...

Hapag-Lloyd’s $4.2bn deal to buy Zim is the beginning of the end of the container shipping’s age of consolidation as the top ...

Israeli shipping line ZIM has entered into a merger agreement with Hapag-Lloyd, in which the German carrier giant will acquire the company for approximately $4.2 billion.

Hapag-Lloyd is set to acquire ZIM Integrated Shipping Services Ltd. for over $4.2 billion, or $35 per share in cash. Learn more about ZIM stock here.

ZIM stock surged 34% Tuesday after Hapag-Lloyd agreed to buy the Israeli shipper for $4.2B at $35/share, a 58% premium, ...

Thank you very much, and thanks, everyone, for taking the time to join us here on this call, where we'd like to update you on the events that we also published about yesterday, in essence, the signing ...