Zim publishes prospectus for NYSE IPO
The Israeli shipping company reportedly plans to raise up to $500 million at the end of January, at a company valuation of $1.5 billion, before money.
Zim Integrated Shipping Services Ltd. has published a prospectus ahead of an initial public offering (IPO) on the New York Stock Exchange. Market sources believe that the Israeli shipping company will try to raise between $300 million and $500 million at a company valuation of $1.5 billion, before money. Zim s CEO is Eli Glickman.
Zim is believed to be working with Goldman Sachs, Barclays, Citi, and Jefferies to lead the IPO, which is planned for the end of January.
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HAIFA, Israel, Dec. 24, 2020 /PRNewswire/
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