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Bye-bye, Zim: Another Israeli icon sails off into the sunset

.NETWORKIsrael Chronicle - BusinessBye-bye, Zim: Another Israeli icon sails off into the sunset

By the standards of recent Israeli merger and acquisition deals, the news that the container shipping company Zim is being bought jointly by Germany’s Hapag-Lloyd and the Israeli private fund FIMI was small change – a mere $4.2 billion. By comparison, in a deal approved a week ago by the European Union, Google will pay $32 billion to buy the Israeli cybersecurity company Wiz.


Source:

www.haaretz.com

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