Israeli shipping company ZIM Integrated Shipping Services is seeing a rise in its stock price after reports of a potential management-led buyout by CEO Eli Glickman. The company's share price has fallen 11% this year, and it currently has a market cap of $2.5 billion. However, investors may oppose the deal at the current stock price, and the change-of-control rules in Israel could pose challenges for the transaction.

Original article source: https://en.globes.co.il/en/article-management-buyout-rumor-boosts-zim-1001504031
Source Id: 8581928979