Nikita Goloshchekov's questions to Kenon Holdings (KEN) leadership • Q3 2018
Question
Nikita Goloshchekov of EG Capital Advisors asked if the Israeli government's golden share in ZIM impacts Kenon's ability to divest its stake and questioned the future strategy of ZIM, particularly its shift from an independent carrier to forming partnerships.
Answer
Robert Rosen, an executive, stated he could not specify the impact of the golden share on a potential transaction. Giora Almogy, CEO of OPC, added that while ZIM loses some independence, the benefits of its new partnership are very positive. He emphasized that Kenon is a minority shareholder and that this strategic move was beneficial for ZIM.