Qualcomm offers to buy Swedish auto parts maker Veoneer for USD4.6 billion, topping Magna's bid
Magna made an all-cash offer to buy rival Veoneer for approximately USD3.8 billion.
According to an official press release dated 5 August, chipmaker Qualcomm had offered to buy Swedish auto parts maker Veoneer for USD4.6 billion, an 18.4% premium over a bid accepted by Veoneer's board in July by Canada's Magna International.
Thank you for visiting S&P Global AutoTechInsight.
*A subscription to News & Analysis includes four S&P Global-selected sector-specific analytical pieces per month. Access to all analytic pieces across all domains comes with a subscription to All Domains. Please click here to subscribe.
To get access to the AutoTechInsight full suite of services, please contact a sales representative by clicking here.
Already a subscriber? Please log in here
