HK-listed Geely eyes privatisation of Chinese unit ZEEKR
Geely Auto logo is seen in this illustration taken January 16, 2024. REUTERS/Dado Ruvic/Illustration/File Photo Purchase Licensing Rights , opens new tab
May 7 (Reuters) - Hong Kong-listed Geely Automobile Holdings (0175.HK)
, opens new tab said on Wednesday it is looking to privatise its Chinese automaker unit ZEEKR (ZK.N)
, opens new tab , proposing to value the unit at US$2.566 per ZEEKR share or $25.66 per American Depository Share.
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Reporting by Shivangi Lahiri in Bengaluru; Editing by Mrigank Dhaniwala
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