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VNE / Magna International buying Veoneer Active Safety business for $1.525 bln

Magna International buying Veoneer Active Safety business for $1.525 bln
Magna International Inc. MGA, -0.07% MG, -0.42% said Tuesday it agreed to pay $1.525 billion in cash for the Veoneer Active Safety business from seller SSW Partners. Magna International plans to combine Veoneer Active Safety with its advanced driver assistance systems (ADAS) unit to create a business with expected sales of $3 billion in 2024. Read More
Posted: Dec 20 2022, 06:12
Author Name: Market Watch
Views: 1021100

VNE News  

Magna International to acquire Veoneer Active Safety from SSW Partners for $1.525B

By Proactive Investors
December 20, 2022

Magna International to acquire Veoneer Active Safety from SSW Partners for $1.525B

Magna International (TSX:MG) Inc announced it has entered into an agreement to acquire the Veoneer Active Safety business from SSW Partners for $1.525 more_horizontal

Magna International buying Veoneer Active Safety business for $1.525 bln

By Market Watch
December 20, 2022

Magna International buying Veoneer Active Safety business for $1.525 bln

Magna International Inc. MGA, -0.07% MG, -0.42% said Tuesday it agreed to pay $1.525 billion in cash for the Veoneer Active Safety business from selle more_horizontal

Magna International to Buy Veoneer Active Safety for $1.5 Billion

By Barrons
December 20, 2022

Magna International to Buy Veoneer Active Safety for $1.5 Billion

Magna is buying a smaller part of the Veoneer portfolio, after losing a bidding war for the whole company with Qualcomm last year. more_horizontal

Investing Club: What we're watching Thursday afternoon — including why we like Qualcomm's deal with Veoneer

By CNBC
March 24, 2022

Veoneer says Qualcomm deal to close next week

By Reuters
March 24, 2022

Veoneer says Qualcomm deal to close next week

Swedish automotive technology group Veoneer said on Thursday that the deal that will see it bought by Qualcomm Inc and SSW Partners would close on Apr more_horizontal

Veoneer, Inc. (VNE) Reports Q4 Loss, Misses Revenue Estimates

By Zacks Investment Research
February 2, 2022

Veoneer, Inc. (VNE) Reports Q4 Loss, Misses Revenue Estimates

Veoneer, Inc. (VNE) delivered earnings and revenue surprises of -2.67% and 0.88%, respectively, for the quarter ended December 2021. Do the numbers ho more_horizontal

Veoneer, Inc. (VNE) Reports Q4 Loss, Misses Revenue Estimates

By Zacks Investment Research
February 2, 2022

Veoneer, Inc. (VNE) Reports Q4 Loss, Misses Revenue Estimates

Veoneer, Inc. (VNE) delivered earnings and revenue surprises of -2.67% and 0.88%, respectively, for the quarter ended December 2021. Do the numbers ho more_horizontal

Veoneer, Inc. (VNE) Reports Q4 Loss, Misses Revenue Estimates

By Zacks Investment Research
February 2, 2022

Veoneer, Inc. (VNE) Reports Q4 Loss, Misses Revenue Estimates

Veoneer, Inc. (VNE) delivered earnings and revenue surprises of -2.67% and 0.88%, respectively, for the quarter ended December 2021. Do the numbers ho more_horizontal


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