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Hapag-Lloyd to improve $4.2B bid for ZIM with Israeli government

Hapag-Lloyd said it is working with the Israeli government on improvements to its proposed $4.2 billion cash purchase of ZIM Integrated Shipping Services. The deal has faced heavy opposition in Israel.

HLAGZIM

2 billion cash purchase of ZIM Integrated Shipping Services NYSE:ZIM. The German shipping group said the proposed deal has drawn strong opposition in Israel, including from ZIM's work…