04:47 PM EST, 12/22/2025 (MT Newswires) -- ZIM Integrated Shipping Services ( ZIM ) said late Monday its board of directors is reviewing competitive takeover proposals from multiple strategic parties as part of an advanced strategic review, but has rejected a revised offer from a management-led group as undervaluing the company.

The container liner shipping company said the board has been evaluating strategic alternatives for several months, including a potential sale of the company, capital allocation options and possible returns to shareholders, with the aim of maximizing shareholder value.

As part of the process, the board received a revised proposal from an entity owned by Chief Executive and President Eli Glickman and Rami Ungar. After review, the board concluded the offer significantly undervalued ZIM and informed the management-led entity that the proposal was declined.

ZIM said there is no assurance that any transaction will result from the review or the proposals received.