Exclusive: China's Zeekr to take control of sister brand Lynk, sources say
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Zeekr, a Chinese premium electric vehicle maker, is planning to take control of Lynk & Co, a sister brand owned by Geely and Volvo Cars.
November 14, 2024 | 5:30 am
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POSITIVE IMPACT
Zeekr is planning to take control of Lynk & Co, potentially impacting its market position and strategic direction.
The acquisition of Lynk & Co by Zeekr could enhance Zeekr's market presence and strategic capabilities, likely leading to a positive short-term impact on its stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80