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ZIM Integrated Shipping: Why The Buyout Matters Most - Initiating Strong Buy [Seeking Alpha]

ZIM Integrated Shipping Services Ltd. Ordinary Shares (ZIM) 
Company Research Source: Seeking Alpha
Almost all liabilities are capital leases, not traditional debt. This is a function of the business model of chartering ships. The future looks grim for container shipping rates. This is largely irrelevant amidst takeover rumours. As we get more news on the takeover process, price discovery to the upside is likely. In the event of an Israeli veto, the CEO could make another buyout offer, keeping downside limited. leolintang/iStock via Getty Images ZIM Integrated Shipping Services Ltd. ( ZIM ) is an Israeli liner company that operates a fleet of over 100 containerships. The company has been in the news recently, amidst a proxy battle between the CEO, who wanted to This article was written by Analyst's Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for Show less Read more
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