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New Deal


Announced

Completed

Yuexiu Industrial Fund and Amnon Shashua led a $750m funding round in Zeekr.

Financials

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Transaction Value£621m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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Friendly

Acquisition

Private Equity

Private

Completed

Automobiles

electric vehicles

China

Minority

Venture Capital

Single Bidder

Cross Border

Synopsis

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Yuexiu Industrial Fund, an investment company, and Amnon Shashua, an Israeli computer scientist, led a $750m funding round in Zeekr, an electric car brand. Zeekr, which sells two purely electric car models, said that proceeds from the funding round will be used to support technology research and the global expansion of the Zeekr brand.

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