Israeli ministries move to block $4.2 billion sale of ZIM over security concerns

May 31, 2026 10:54 pm | JPost BizTech, Technology

Zim containers are stacked just outside Israel
The opposition centers on a deal approved by ZIM shareholders at the end of April under which the company would be acquired for $4.2 billion, roughly $1 billion above its current market valuation.
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