Research analysts who have asked questions during ZIM Integrated Shipping Services earnings calls.
Omar Nokta
Jefferies
6 questions for ZIM
Also covers: AMKBY, ASC, CCEC +21 more
AD
Alexia Dogani
JPMorgan Chase & Co.
5 questions for ZIM
Also covers: AMKBY, ROYMY
CD
Chloe D
Citigroup Global Markets Inc.
2 questions for ZIM
ML
Marco Lemitte
Barclays
2 questions for ZIM
Marco Limite
Barclays
2 questions for ZIM
Also covers: AMKBY
MK
Muneeba Kayani
Bank of America
2 questions for ZIM
Also covers: AFLYY, AMKBY, DLAKY +2 more
CF
Chloe Foo
Citigroup Inc.
1 question for ZIM
SS
Sathish Sivakumar
Citigroup Inc.
1 question for ZIM
Also covers: AFLYY, AMKBY, DLAKY +3 more
Recent press releases and 8-K filings for ZIM.
ZIM Integrated Shipping Services Announces Acquisition by Hapag-Lloyd
ZIM
M&A
Takeover Bid
New Projects/Investments
- Hapag-Lloyd has signed an agreement to acquire 100% of ZIM's shares for USD 35.00 per share in cash, resulting in a total equity consideration of approximately USD 4.2 billion.
- The acquisition price represents a 58% premium over ZIM's closing price on Friday.
- The transaction is expected to close in late 2026 and is subject to approval by ZIM shareholders, Israeli ministries, and antitrust authorities in various jurisdictions.
- Annual synergies of USD 300-500 million are anticipated, mainly from network and procurement optimization.
- Israel-based FIMI Opportunity Funds will establish a new independent Israeli shipping line, NewZIM, to assume the obligations of the Golden Share.
Feb 17, 2026, 1:00 PM
ZIM Integrated Shipping Services to be Acquired by Hapag-Lloyd
ZIM
M&A
Takeover Bid
- ZIM Integrated Shipping Services Ltd. (ZIM) announced on February 16, 2026, that it has entered into a merger agreement to be acquired by Hapag-Lloyd AG for $35.00 per share in cash, representing an aggregate equity value of approximately $4.2 billion.
- The $35.00 per share acquisition price offers a 58% premium to ZIM's stock price on February 13, 2026, and a 126% premium to its unaffected stock price on August 8, 2025.
- The transaction is expected to close by late 2026.
- In connection with the transaction, FIMI Opportunity Funds will form a new Israeli company, "New ZIM," which will acquire a portion of ZIM's business, including 16 vessels, to serve main global trade routes into Israel and fulfill Special State Share obligations.
Feb 17, 2026, 11:02 AM
ZIM to be Acquired by Hapag-Lloyd
ZIM
M&A
Takeover Bid
Dividends
- ZIM Integrated Shipping Services Ltd. has entered into a merger agreement to be acquired by Hapag-Lloyd for $35.00 per share in cash, totaling an equity value of approximately $4.2 billion.
- This acquisition price represents a 58% premium to ZIM's stock price on February 13, 2026, and a 126% premium to its unaffected stock price on August 8, 2025.
- The transaction, expected to close by late 2026, includes the formation of "New ZIM" by FIMI Opportunity Funds, which will operate 16 vessels to serve main global trade routes into Israel.
- Since its IPO in January 2021, ZIM has distributed $5.7 billion in dividends to shareholders, with total capital returned expected to reach approximately $10 billion upon the transaction's completion.
Feb 16, 2026, 2:21 PM
ZIM Integrated Shipping Services Nears $3.5B Sale, Faces Backlash
ZIM
M&A
Delisting/Listing Issues
Takeover Bid
- ZIM Integrated Shipping Services is in advanced talks for a $3.5–3.7 billion acquisition by Hapag-Lloyd and FIMI, which would lead to its delisting from the NYSE.
- The proposed deal involves Hapag-Lloyd acquiring ZIM's international routes and leased vessels, while FIMI would take Israeli operations and strategic assets, including Israeli-flagged ships, to comply with Israel's "golden share" safeguards.
- The acquisition faces backlash from unions and local officials who are demanding job guarantees and a multi-million-dollar grant, and are considering industrial action after learning of the deal from the press.
- Completion is contingent on regulatory approvals and final agreements regarding the state's special-rights obligations, with scrutiny over Hapag-Lloyd's shareholder base, which includes the Qatar Investment Authority (about 12.3%) and Saudi Arabia’s sovereign wealth fund (about 10.2%).
Feb 15, 2026, 4:57 AM
ZIM Board Updates on Strategic Review, Declines Management Buyout Proposal
ZIM
M&A
Takeover Bid
- The ZIM Board of Directors is currently evaluating competitive proposals from multiple strategic parties for the acquisition of all outstanding ordinary shares, as part of an ongoing strategic review process.
- The Board declined a revised proposal from an entity owned by CEO Eli Glickman and Rami Ungar, concluding it significantly undervalued the Company.
- The strategic review is in advanced stages and includes considering a potential sale of the Company to maximize shareholder value.
- There is no assurance that any transaction will occur as a result of this review.
Dec 22, 2025, 9:08 PM
ZIM Board Updates on Strategic Review Process
ZIM
M&A
Takeover Bid
- ZIM's Board of Directors is evaluating multiple competitive proposals from strategic parties for the acquisition of all outstanding ordinary shares of the company.
- A revised proposal from an entity owned by CEO Eli Glickman and Rami Ungar was declined by the Board, as it was deemed to significantly undervalue the company.
- The strategic review is in advanced stages and includes considering potential value creation alternatives, such as a sale of the company and capital allocation, to maximize shareholder value.
- There is no assurance that any transaction will occur as a result of this review, and the Board does not intend to provide additional updates until an agreement is reached or the review is completed.
Dec 22, 2025, 9:05 PM
ZIM Receives Favorable Proxy Advisor Recommendations from Glass Lewis and ISS
ZIM
Proxy Vote Outcomes
Board Change
- Leading independent proxy advisory firm Glass Lewis recommended shareholders vote FOR all eight of ZIM's director nominees and AGAINST all three dissident nominees for the Annual General Meeting on December 26, 2025.
- This recommendation follows earlier advice from Institutional Shareholder Services (ISS), with both firms concluding that ZIM's current Board is the right team to oversee the ongoing strategic review.
- Glass Lewis affirmed the Board's steps reflect "a disciplined and impartial process" and found no compelling or substantiated case from the Dissident Group for Board change.
- ZIM's Board is overseeing a broad, comprehensive, and independent strategic review, with management fully excluded from evaluating any value-maximizing alternatives under consideration.
Dec 15, 2025, 12:00 PM
ZIM: Glass Lewis Recommends Voting For Company's Director Nominees
ZIM
Proxy Vote Outcomes
Board Change
- Leading independent proxy advisory firm Glass Lewis has recommended that ZIM shareholders vote FOR all eight of ZIM's director nominees and AGAINST all three dissident nominees for the Annual General Meeting on December 26, 2025.
- This recommendation aligns with an earlier endorsement from Institutional Shareholder Services (ISS), with both firms concluding that ZIM's current Board is the appropriate team to oversee the company's ongoing strategic review.
- Glass Lewis found no evidence of a flawed or conflicted process in the Board's strategic review and affirmed that the Dissident Group has not presented a compelling case for Board change.
- ZIM's Board is conducting a broad, comprehensive, and independent strategic review, led exclusively by independent Board members, with management fully excluded from evaluating any value-maximizing alternatives under consideration.
Dec 14, 2025, 9:30 PM
ZIM Integrated Shipping Services Ltd. Shareholders Issue Position Statement Ahead of Meeting
ZIM
Board Change
Takeover Bid
Executive Compensation
- A group of institutional investors and shareholders, holding more than 8% of ZIM Integrated Shipping Services Ltd.'s shares, has issued a position statement ahead of the December 26, 2025, annual and extraordinary general meeting.
- The group highlights a significant disparity between the company's market value and its asset value, noting cash balances of $3 billion compared to a market value of $1.9 billion as of November 11, 2025.
- Concerns are raised regarding a reported Management Buyout (MBO) proposal by CEO Eli Glickman and Rami Ungar to acquire the company for approximately $2.4 billion, or $20 per share, which the group views as significantly undervalued and a conflict of interest.
- The shareholders are proposing the appointment of three independent director candidates \u2014 Dr. Keren Bar-Hava, Mr. Ron Hadassi, and Mr. Ran Gritzerstein \u2014 to the Board of Directors and oppose the proposed executive compensation policy.
- The statement also alleges corporate governance failures, including a lack of transparency and inadequate disclosure from the company regarding the MBO proposal and recent director changes.
Dec 10, 2025, 9:05 PM
ZIM Board Conducts Strategic Review Amidst Proxy Contest
ZIM
M&A
Proxy Vote Outcomes
Dividends
- ZIM's Board is conducting an ongoing strategic review to maximize shareholder value, initiated after rejecting an unsolicited, non-binding proposal from the Company's CEO and President, Eli Glickman, and Rami Ungar, as it materially undervalued the Company.
- The Board has received indications of interest from multiple parties, including strategic interest, and is rigorously evaluating all potential alternatives.
- The company is engaged in a proxy contest, with the Board urging shareholders to vote for its eight director nominees and against a dissident group's nominees, a recommendation supported by Institutional Shareholder Services (ISS).
- Since its IPO, ZIM has returned $5.7 billion in dividends (over $47 per share) and increased its book equity to approximately $4.0 billion, demonstrating strong financial performance and a disciplined capital return policy.
Dec 9, 2025, 2:08 PM
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