Economic Observation Network ZIM has been acquired by Hapag Lloyd and Israeli private equity firm FIMI, and has been approved by shareholders. The final decision by the Israeli government is pending.

Hapag Lloyd teamed up with Israeli private equity firm FIMI to acquire Yixing, which was signed in February this year for a total value of approximately $4.2 billion and has been approved by Yixing shareholders, but is stuck in the veto power of the "golden shares" held by the Israeli government. According to reports, six out of the eight Israeli government departments that require opinions have explicitly opposed it, giving Hapag Lloyd a 30 day window to modify the acquisition plan, tighten foreign ownership, and strengthen the Israeli government's control over local businesses According to a report on September 8th, the 30 day window is expected to expire around early October. At that time, the Israeli government will make a final decision based on the revised plan - whether to approve, reject, or extend further - which will directly affect the stock price.

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