SR050321
08-14
$ZIM Integrated Shipping Services Ltd.(ZIM)$  Only personal

Opinion not investment advice.

Plans for ZIM to be delisted and be private

ZIM’s CEO Eli Glickman is reported in discussion with Israeli shipping magnate Abraham Unger to take ZIM private at $2.4b. ZIM was listed on the New York Stock Exchange 4 years ago. Ungar operates ro-ro Ray Shipping and has real estate interests. The privatization would need a 95% acceptance by shareholders and Israeli government approval.

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Comments

  • breAkdaWn
    08-15
    breAkdaWn

    its a rumour. they will be sent on vacation.

  • Agxm
    08-14
    Agxm
    Thx for the new then I need to increase my position on this.😂
    • SR050321ReplyAgxm
      I see, tks 🙏
    • AgxmReplySR050321
      Because they give out most of their profit as dividend.👍
    • SR050321
      I don’t increase just swing trading. Book value is high don’t understand why stock price is still low 😂
  • Agxm
    08-14
    Agxm
    Nice.
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