Bank of America, Merrill Lynch and Barclays Plc will lead an initial public offering of Israeli shipping firm Zim on Wall Street next year, two sources familiar with the matter said on Thursday.
One source said no date or valuation have been set but the offering will be in New York, likely on the New York Stock Exchange.
Zim said in an emailed response that it “has been contemplating going public and other financing options since 2007. This strategy has not changed. We have nothing to report at this time and do not comment on rumours”.