ZIM says merger with Hapag-Lloyd still on track amid regulatory review
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Price: $30.10 --0%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 105%
Revenue Growth %: +43.8%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 105%
Revenue Growth %: +43.8%
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ZIM Integrated Shipping Services Ltd. (NYSE: ZIM) said it continues to act in accordance with its previously announced merger agreement with Hapag-Lloyd and is collaborating with relevant state authorities as part of the ongoing regulatory review process.
The Israel-based container shipping company offered no additional details on the timeline or status of the regulatory approvals in the statement.
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