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1 January 2021 10:25 GMT Updated 4 January 2021 11:05 GMT in London
Zim Integrated Shipping Services has filed papers to launch an initial public offering in New York, in a bid to make good on long mooted plans to go public.
The Israeli containership operator aims to list its shares on the New York Stock Exchange, where it will trade under ticker symbol ZIM, in a move that, if successful, would break a long absence of shipping IPOs on US capital markets.
The Haifa-based company did not give a timing for the IPO but pencilled in the aggregate value for the potential share sale at $100m.