- Fabian Bimmer/ReutersHapag-Lloyd is buying Israeli competitor Zim Integrated Shipping Services for $4.2 billion as the shipping firm looks to bolster its capacity. Germany-based Hapag-Lloyd said Monday that it signed a deal to buy Zim for $35 a share in cash, a 65% premium to Zim’s closing price of $21.18 on Friday. The total deal price of around $4.2 billion will be funded from cash reserves and external financing of up to $2.5 billion. Zim is considered a strategic asset for the Israeli state. As part of the deal, Israel’s special stake in Zim will be transferred to a carved-out container business, which will be owned by Israeli private-equity firm FIMI, Hapag-Lloyd said.

Source: Wall Street Journal February 16, 2026 13:42 UTC