Magna International (MGA) to Acquire Veoneer (VNE) for $3.8B, or $31.25/Share
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Magna to Acquire Veoneer, Positioning Magna’s ADAS Business as a Global Leader in a Fast-Growing Industry
July 22, 2021 8:10 PM EDTVeoneers complementary products and capabilities strengthen and broaden Magnas ADAS portfolio and industry positionTransaction adds significant engineering and software expertise, including in sensor perception and drive policy softwareEnhances Magnas ADAS systems capabilities and feature functionality
AURORA, Ontario and STOCKHOLM, Sweden, July 22, 2021 (GLOBE NEWSWIRE) -- Magna International Inc. (TSX: MG; NYSE: MGA) and Veoneer (NYSE: VNE; SSE: VNE SDB) today announced... More
