05.01.2021
Artikel Nummer: 34632
ZIM to go public
After first initiatives from mid-2019 on, the Haifa-based shipping company ZIM confirmed its plan to go public. Amongst others, the carrier recently published a prospectus ahead of an initial public offering (IPO) on the New York Stock Exchange, which is intended to take place by the end of January.
The carrier seeks to raise between USD 300 million and USD 500 million with the IPO. According to news from the finance market, ZIM is believed to be working with Goldman Sachs, Barclays, Citi, and Jefferies to lead the IPO. The carrier's financial results in 2019 have been positive. (cd)