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The path to approval could prove to be challenging, as two countries that do not have diplomatic relations with Israel – Qatar's sovereign wealth fund and Saudi Arabia's Public Investment Fund – hold almost a quarter of the willing buyer, Hapag-Lloyd's, shares
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German shipping company Hapag-Lloyd signed a merger agreement to acquire Zim Integrated Shipping Services, Israel's largest shipping company, in a landmark deal that could reshape the country's maritime sector – but the $4.2 billion transaction still faces regulatory hurdles.
