Hapag-Lloyd Aktiengesellschaft Signs Deal to Buy ZIM for $4.2B, Targets €500M in Synergies

Hapag-Lloyd Aktiengesellschaft logo Hapag-Lloyd Aktiengesellschaft (ETR:HLAG) executives outlined a signed merger agreement to acquire Israeli container carrier ZIM in an analyst and investor conference call, describing the strategic rationale, expected synergies, transaction structure, and funding plans. The call featured remarks from CEO Rolf Habben Jansen and CFO Mark Frese, followed by analyst questions. Deal terms and strategic rationale Habben Jansen said Hapag-Lloyd signed the merger agreement “ ...