Red Sea attacks turn green for Zim investor

By Yahoo! Finance | Nov 25, 2024 at 11:33 AM EST

Israel's wealthiest person is selling Zim Integrated Shipping Services shares due to Houthi rebel attacks. Zim's profits surged, with shares up by 260% in a year. Kenon Holdings will sell $719 million worth of shares, following a profitable quarter for Zim.

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