Nov. 14 at 4:17 PM
$ZIM From Israeli website TheMarker:
Headline:
“Israeli institutions attempt to block the CEO of ZIM from taking control of the company”
Sub-headline:
“A group that includes Mor, the Yelin Lapidot provident fund, and the Rider Capital fund, which together hold more than 8% of the company’s shares, is demanding the appointment of 3 directors aligned with the institutions to ZIM’s board in order to prevent CEO Eli Glickman from buying the company at an economic valuation that they consider too low. Attorney Ofir Naor: ‘If management is busy with delisting, shareholders are entitled to representation.’”