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ZIM Integrated Shipping sinks as Netanyahu, Katz oppose sale to Hapag-Lloyd (ZIM:NYSE)

Transportation of ZIM sea containers

Volodimyr Trofimov/iStock Editorial via Getty Images

ZIM Integrated Shipping (ZIM) down 6.8% pre-market Monday following reports that Prime Minister Netanyahu and the Israeli Defense Ministry oppose the proposed sale of the Israeli shipping company to Hapag-Lloyd (HPGLY) (HLAGF).

Netanyahu reportedly said at a government meeting that

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