Idan Ofer cashes out of ZIM

Israeli billionaire Idan Ofer is cashing out of ZIM after 25 years. Ofer’s Kenon Holdings has announced it will sell 14.8m shares in the Israeli carrier for $360m, having sold another 5m shares in July this year. Ofer will be left with 5m shares which are in a collar transaction due to expire in July …

splash247