Summary by Futu AI
Kenon Holdings Ltd., the owner of ZIM Integrated Shipping Services Ltd., has announced its intention to sell a total of 10 million ordinary shares of ZIM. The shares are scheduled to be sold on June 5, 2024, with an aggregate market value of approximately $212.8 million. These shares were originally acquired on January 7, 2015, as a result of a spin-off from Israel Corp., where Kenon Holdings received 32 million shares. There has been no recent activity in the past three months regarding the sale of securities by Kenon Holdings.