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ZIM — Zim Integrated Shipping Services News Story

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IndustrialsAdventurousLarge CapSuper Stock

Zim Integrated soars on acquisition proposals

** U.S.-listed shares of Israel-based shipping company Zim Integrated 2SV.F up nearly 12.1% to about $19.2 premarket

     ** Co says it has received interest from multiple parties, including strategic interest, which it is evaluating carefully

     ** ZIM board recently added two new members, Yair Avidan and Dr. Yoram Turbowicz, to help the company better assess value-maximizing options

     ** Co has operations in over 90 countries and serves ~33,000 customers in over 300 ports worldwide

     ** Three of eight brokerages rate the stock "hold" and five "sell" or lower; their median PT is $13, according to data compiled by LSEG

     ** As of last close, shares down 20% YTD

(Reporting by Megavarshini G. Somasundaram in Bengaluru)

((Megavarshini.SomasundaramGnanasundari@thomsonreuters.com))

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