Zim Shipping Golden Share Settlement Reached with Israeli Government
– The state and Israel Corp. have compromised in the Supreme Court on the transferability restriction. – Yesterday evening, a settlement was reached in the Supreme Court on the government’s More...
Chances of Idan Ofer’s Shipping Company Zim debt settlement look low
– The state refuses to relinquish its “golden share” in the shipping line. – /Efrat Peretz and Amiram Barkat/ The chances that the second debt settlement at shipping company Zim More...
Ofer family’s UK Shipping Companies Made Annual Profits Of $100-150 Million Over The Past Decade
– – In the wake of the debt settlement at Zim Integrated Shipping Services Ltd., “Globes” analyzes the prosperous private shipping businesses of Idan and Eyal Ofer. The private More...
Idan Ofer’s Zim Shipping Company Signs $3 Billion Debt Settlement With Creditors
– Israel Corp. loses control of the shipping company in the largest-ever debt write-off in Israel’s history. – – It took less than a month for the record NIS 2.8 billion debt settlement More...
Idan Ofer’s Israel Corp. Prepared To Inject Hundreds Of Millions Of Dollars Into Zim
– However, Israel Corp.’s minority shareholders may be an obstacle, following a string of the company’s business failures. – Idan Ofer / Getty – Israel Corporation (TASE: ILCO), More...