ZIM Integrated (ZIM) Climbs 14.9% on Acquisition Rumors

We recently published Wall Street Shockers: 10 Stocks on Fire. ZIM Integrated Shipping Services Ltd. (NYSE:ZIM) is one of the best-performing stocks on Monday.

ZIM Integrated grew its share prices by 14.9 percent on Monday to close at $17.81 apiece as investors snapped up shares amid news reports that it was set to go private through a $2.4 billion acquisition plan.

According to Israel-based business publication Calcalist, ZIM Integrated Shipping Services Ltd. (NYSE:ZIM) and magnate Rami Unger were mulling over the acquisition of all of the company’s outstanding shares to merge the former with the tycoon’s own shipping company.

The reported offer marks a significant premium to ZIM Integrated Shipping Services Ltd.’s (NYSE:ZIM) market capitalization of $1.87 billion.

If proven, the acquisition would remove ZIM Integrated Shipping Services Ltd. (NYSE:ZIM) from the roster of publicly listed companies on the New York Stock Exchange.

Based on information on its website, ZIM Integrated Shipping Services Ltd. (NYSE:ZIM) is scheduled to announce the results of its financial and operating highlights for the second quarter of the year before market open next Wednesday, August 20. Investors will also be closely watching out for cues and confirmation about the reported privatization.

ZIM Integrated (ZIM) Climbs 14.9% on Acquisition Rumors

Photo by Ammiel Jr on Unsplash

For full-year 2025, ZIM Integrated Shipping Services Ltd. (NYSE:ZIM) is targeting to generate between $1.6 billion and $2.2 billion in adjusted EBITDA, and $350 million to $950 million in adjusted EBIT.

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