ZIM Integrated Shipping Stock Climbed 15% On Monday: What Happened? - ZIM Integrated Shipping (NYSE:ZIM)
CEO Eli Glickman and Abraham Unger aim to take ZIM private at $2.4 billion, a management buyout that values shares at $20 each, reflecting a significant premium, analysts say.
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ZIM Integrated Shipping Stock Climbed 15% On Monday: What Happened? - ZIM Integrated Shipping (NYSE:ZIM)
ZIM Integrated Shipping Services Ltd. (NYSE: ZIM) shares traded higher on Monday after reports emerged that CEO Eli Glickman and a group of executives are pursuing a bid to take the company private.
Why ZIM Integrated Shipping Services Stock Just Popped @themotleyfool #stocks $ZIM
Key PointsAn Israeli news site reports ZIM may be taken private.CEO Eli Glickman may assist in making a $20-a-share offer for the Israeli shipping company.Shipping magnate Rami Unger may then merge ZIM into another shipping company he owns.10 stocks we like better than Zim Integrated Shipping Services › Stock of ZIM Integrated Shipping Services (NYSE: ZIM), an Israeli shipping company, soared 16% through 9:40 a.m. ET Monday after Israeli local n…
Abraham Unger and Eli Glickman reportedly bid to take ZIM private
Israeli business news outlet Calcalist is reporting that ZIM CEO Eli Glickman is teaming up with Israeli shipping magnate Abraham Unger in a bid to take ZIM private. A deal is reportedly being discussed in the $2.4bn range, which is equal to roughly $20 a share. Earlier this year, there were reports of a management-led …
M&A radar: ZIM surges +15% on buyout talk – report - The Loadstar
Here’s some coverage from the press as ZIM flirts with the $18/share level, up +15% at the moment. Investing.com: “ZIM Integrated Shipping (NYSE:ZIM) stock surged 20% in premarket trading Monday following reports that CEO Eli Glickman and other executives are seeking to take the company private.” More here. Seeking Alpha: “ZIM Integrated Shipping (NYSE:ZIM) +14.5% in Monday’s trading following a report from Israel business publication Calcalist …
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