Davis Polk advised ZIM Integrated Shipping Services Ltd. on its $217.5 million initial public offering of 14,500,000 of its ordinary shares. The ordinary shares are listed on the New York Stock Exchange under the symbol “ZIM.”
ZIM is a global, asset-light container liner shipping company with leadership positions in niche markets with over 75 years of experience, providing customers with innovative seaborne transportation and logistics services with a reputation for industry leading transit times, schedule reliability and service excellence. ZIM is headquartered in Haifa, Israel.
The Davis Polk corporate team included partners Michael Kaplan and Pedro J. Bermeo and associates Dan Gibbons and Joanna Sedlak. The tax team included counsel Kiara L. Rankin and associate Danielle Rapaccioli. The environmental team included counsel David A. Zilberberg. The executive compensation team included partner Adam Kaminsky and associate Abigail Lane. Members of the Davis Polk team are all based in the New York and Washington DC offices.