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Israeli government offices oppose $4.2 billion Zim sale

Original: Prime Minister’s Office and Finance Ministry oppose $4.2 billion Zim sale

Israel's Prime Minister's Office and Finance Ministry are opposing the proposed $4.2 billion sale of shipping company Zim. The resistance from two key government bodies puts a major obstacle in the path of the transaction, which would be one of the largest deals in the country's shipping sector. Further details on the buyers and the grounds for the opposition have not been disclosed.

Why now: A rare public clash between senior government offices and a multi-billion-dollar corporate sale is drawing attention.

ZimPrime Minister's Office of IsraelFinance Ministry of Israel

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