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Geely Automobile Proposes Privatization of Zeekr at $2.57 per Share
2025-05-07 /
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Author：小编
Geely Automobile has announced its intention to privatize its electric vehicle subsidiary, Zeekr, by submitting a non-binding offer to acquire all outstanding shares at $2.57 per share, or $25.66 per American Depositary Share (ADS). This offer represents a premium of 13.6% over the closing price on the last trading day and a 20% premium over the 30-day average price. With Geely currently holding approximately 65.7% of Zeekr's shares, a successful privatization would result in Zeekr being delisted from the New York Stock Exchange and becoming a wholly-owned subsidiary of Geely.
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