Geely Automobile (HKG:0175) is proposing to acquire all of the issued shares it does not yet own in its NYSE-listed electric vehicle brand ZEEKR Intelligent Technology.
In the non-binding proposal, the Chinese carmaker proposed to value Zeekr at $2.566 per share or $25.66 per American depositary share, according to a Wednesday disclosure with the Hong Kong Exchange.
Geely currently owns approximately 65.7% of Zeekr's total issued and outstanding share capital.
If the privatization materializes, Zeekr will become a unit of Geely and be delisted from the NYSE.
The parties will engage in further negotiations before entering into a formal agreement.
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。