ZIM Integrated Shipping Services Ltd. announced that its Board of Directors has reaffirmed the binding nature of the previously executed merger agreement with Hapag-Lloyd AG, following the overwhelming approval of the transaction by ZIM’s shareholders at the Extraordinary General Meeting held on 30 April 2026. Shareholders voted in favor of the merger with a resounding 97.2% majority.
The Board confirmed its continued support for the proposed transaction and emphasized that both parties are actively engaged with relevant regulatory authorities—including the Israel Ministry of Transport and the Israel Antitrust Authority—to fulfill all outstanding conditions precedent to closing. Notably, final approval by the Israeli government remains pending, as the transaction is subject to review under Israel’s “golden share” regime, which empowers the state to intervene in transactions deemed inconsistent with national strategic interests—particularly those affecting maritime infrastructure, supply chain resilience, and the long-term viability of Israel’s merchant fleet.
This update follows recent public discussion regarding the transaction, including reports of an alternative acquisition proposal led by Israeli stakeholders. In response, ZIM’s Board reiterated its unwavering commitment to the existing agreement with Hapag-Lloyd and its consortium partners. Under the terms of the agreement, Hapag-Lloyd and its affiliated investors will acquire all issued and outstanding ordinary shares of ZIM in an all-cash transaction valued at approximately USD 4.2 billion.
Resource.: https://mp.weixin.qq.com/s/p2C2VhUONLnRiNcybwmtng
