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Hapag-Lloyd to Purchase ZIM for $4.2 billion
Hapag-Lloyd will acquire 100% of ZIM’s shares in a deal worth $4.2 billion. As reported by splash247, the business combination of both companies will secure Hapag-Lloyd’s market position as the fifth-largest container shipping company worldwide. According to Hapag-Lloyd’s press release, the combined company will control more than 400 vessels, with capacity over 3 million TEU,