Report
Israel’s finance ministry objects to $4.2 billion ZIM sale to Hapag-Lloyd
Bloomberg reports that the ministry cited Saudi Arabian and Qatari holdings in Hapag-Lloyd as part of its reason for objecting.
TLDR
Bloomberg reports that Israel’s finance ministry said it objected to the $4.2 billion sale of local firm ZIM Integrated Shipping Services to Hapag-Lloyd AG, partly because of Saudi Arabian and Qatari holdings in the German company.
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