Hapag-Lloyd Faces October 6 Deadline to Submit Revised Offer for ZIM

The Israeli Government Companies Authority suspended processing the request submitted in March 2026 regarding amendments to the government's golden share in ZIM, stating on September 29 that it had not received a detailed revised offer, posing a new obstacle to the deal awaiting resolution of the golden share issue.

The $4.2 billion offer by German firm Hapag-Lloyd to acquire ZIM at $35 per share remains pending, awaiting a settlement between the concerned parties, with no new completion date announced.

Reports indicate that Hapag-Lloyd has until October 6 to submit a fully revised offer addressing Israeli objections to the previous format, with the fate of the deal remaining dependent on the outcome of the new proposal.

Completing the deal requires fresh approvals from the boards of directors of ZIM, Hapag-Lloyd, and FIMI, meaning any revised offer will undergo a full approval cycle before proceeding with acquisition procedures.

What do these terms mean?

Golden Share: A government stake that gives the state veto power over crucial decisions in a specific company. Acquisition Offer: An announced price to buy a company's shares from its shareholders. Board of Directors: The body that approves major deals within the company.