
ZIM Integrated Shipping Services Ltd. (NYSE:ZIM) shares traded higher on Monday after reports emerged that CEO Eli Glickman and a group of executives are pursuing a bid to take the company private.
What To Know: Israeli business outlet Calcalist reported that Glickman, five other executives and businessman Rami Ungar are seeking to acquire the Israel-based shipping company in a deal valued at up to $2.4 billion.