ZIM Integrated Shipping Services $320.85 million secondary offering
Davis Polk advised ZIM Integrated Shipping Services Ltd. in connection with the $320.85 million secondary offering of 8,021,250 of its ordinary shares by certain selling shareholders. ZIM is listed on the New York Stock Exchange under the symbol “ZIM.”
ZIM is a global, asset-light container liner shipping company with leadership positions in niche markets with over 75 years of experience, providing customers with innovative seaborne transportation and logistics services with a reputation for industry leading transit times, schedule reliability and service excellence. ZIM is headquartered in Haifa, Israel.
The Davis Polk corporate team included partners Michael Kaplan and Pedro J. Bermeo, counsel Dan Gibbons and associate Joanna Sedlak. All members of the Davis Polk team are based in the New York office.