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BRIEF-Zeekr Group Enters Merger Agreement To Become Wholly-Owned Subsidiary Of Geely
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BRIEF-Zeekr Group Enters Merger Agreement To Become Wholly-Owned Subsidiary Of Geely
Jul 15, 2025 3:39 AM

July 15 (Reuters) - Zeekr Intelligent Technology Holding

Ltd ( ZK ):

* ZEEKR GROUP ENTERS INTO DEFINITIVE MERGER AGREEMENT FOR

ACQUISITION TRANSACTION

* ZEEKR INTELLIGENT TECHNOLOGY HOLDING LTD ( ZK ) - TO BECOME

WHOLLY-OWNED SUBSIDIARY OF GEELY

* ZEEKR INTELLIGENT TECHNOLOGY HOLDING LTD ( ZK ) - SHAREHOLDERS TO

RECEIVE $2.687 CASH OR 1.23 GEELY SHARES

* ZEEKR INTELLIGENT TECHNOLOGY HOLDING LTD ( ZK ) - ADS HOLDERS TO

RECEIVE $26.87 CASH OR 12.3 GEELY SHARES

* ZEEKR INTELLIGENT TECHNOLOGY HOLDING LTD ( ZK ) - IF DEAL

COMPLETED,

TO BECOME PRIVATELY HELD, ADSS DELISTED FROM NYSE

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