The board of directors of the shipping company ZIM Integrated (ZIM) is in no hurry to negotiate with CEO Eli Glickman, who, together with shipping tycoon Rami Ungar, is interested in purchasing all of ZIM’s shares, CTech by Calcalist’s Golan Hazani reports. The price Glickman is considering, together with five senior ZIM executives and Ungar, does not meet the board’s expectations, the author notes. ZIM’s board has enlisted the consulting firm Evercore to reach out to strategic companies and investment funds that might be interested in acquiring the company. Evercore has already approached several global shipping companies, including Denmark’s Moller-Maersk, the publication adds.
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