(Reuters) -Chinese automaker Geely Automobile ( GELYF ) will acquire the chunk of electric-vehicle maker Zeekr that it does not already own for $2.40 billion, the companies said in separate statements on Tuesday.

Geely is offering $2.687 for every share for the 892.7 million units it does not already own in Zeekr. The company currently holds around 62.8% stake in Zeekr, according to a filing with the exchange.

The per American depositary share offer values Zeekr at $6.83 billion.

The deal comes months after Geely tried to privatise the electric vehicle maker, saying it wanted to consolidate its business to counter intensifying competition.

(Reporting by Rishav Chatterjee and Zaheer Kachwala in Bengaluru; Editing by Shreya Biswas and Sriraj Kalluvila)