Kenon (KEN) has released an update.
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Kenon Holdings Ltd. is making strategic moves involving its shares in ZIM Integrated Shipping Services, including plans to sell its remaining stake and engaging in a cash settled capped call transaction. This maneuver, following a previous sale and collar transaction, could yield Kenon approximately $93 million. Investors interested in Kenon’s financial strategies and stock movements might find these developments noteworthy.
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