Caocao Inc. to Acquire Entire Equity Interest in Geely Business

Reuters
2026.01.27 08:40
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Caocao Inc. is set to acquire the entire equity interest in Geely Business. Some directors of Caocao Inc., who are also part of the Geely Group, abstained from voting on the acquisition due to their material interest. Additionally, the company has proposed a share incentive scheme related to the acquisition.