Companies Authority Intervenes in ZIM Sale Process
The Companies Authority has intervened in the sale of the shipping company ZIM (ZIM) and cooled down the process of selling the company slightly, CTech by Calcalist's Golan Hazani says. The Authority issued a warning to the company's chairman of the board of directors, Yair Saroussi, that the state has the right to object to the sale of more than 24% of Zim's shares. The Companies Authority is responsible for enforcing the state's interests order in events of this type, the publication notes. Maersk and Hapag-Lloyd (HPGLY) are said to be interested in purchasing ZIM.
