Zim Integrated Shipping Shares Rise as Hapag-Lloyd Revises Takeover Proposal

Zim Integrated Shipping shares moved higher in premarket trading on Tuesday after Hapag-Lloyd and FIMI indicated they would modify their proposed acquisition of the Israeli shipping company. The announcement came following discussions between the parties and Israeli government officials regarding the transaction.
Hapag-Lloyd had previously announced on Monday that it was collaborating with the Israeli government to develop changes to its cash acquisition proposal, which carried a valuation of $