Independent journal on economy and transport policy
20:45 GMT+1
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Through the IPO ZIM could raise up to $382.4 million
The expected value of the offered common shares will be between $16 and $19
January 20, 2021
g src="/images/iMinizionotizia.gif" width="70" height="17" border="0" style="vertical-align: middle;">The value of the 17.5 million ordinary shares is expected to offered by the Israeli shipping company ZIM as part of the of its initial public offering on the New York Stock Exchange, announced in recent days (
of the 31st december 2020), will be between $16 and $19, for a total offered of $280.0 million and $332.5 million. In addition, ZIM plans to give IPO subscribers an option, exerciseable for a period of 30 days, to purchase up to an additional 2.625 million ordinary shares at the offer price the initial public. With this option, the overall collection may to $382.4 million.
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