Hapag-Lloyd Signs Merger Agreement to Acquire ZIM for Over US$4 Billion
Overview of the Transaction
Hapag-Lloyd has entered into a definitive agreement to acquire 100 % of the shares of ZIM Integrated Shipping Services Ltd. for US$35 per share in cash, valuing the deal at about US$4.2 billion. This cash offer represents a 58 % premium to ZIM’s prior stock price.
The transaction, still subject to approvals by ZIM shareholders and relevant regulators, is expected to close by late 2026.
Strategic Rationale & Benefits