Market Chatter: MSC Denies Takeover Interest in ZIM Integrated Shipping Services

MT Newswires Live12-19

Swiss shipping group MSC told Bloomberg that it is not interested in bidding for ZIM Integrated Shipping Services (ZIM), the news outlet reported Friday.

The statement followed a Sunday report from Israeli news web site Ctech by Calcalist that said ZIM received an acquisition offer from MSC, competing with the takeover offer from Germany's Hapag-Lloyd.

ZIM Integrated Shipping Services and MSC did not immediately respond to MT Newswires' requests for comments.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: 19.22, Change: -0.05, Percent Change: -0.23

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