ylliX - Online Advertising Network
Company Ticker News

Qualcomm Beat Magna International To Scoop Veoneer For $4.5B

Qualcomm Beat Magna International To Scoop Veoneer For $4.5B

<script type="text/javascript" src="https://pppbr.com/bnr.php?section=Footer46860&pub=543549&format=728x90&ga=g&bg=1"></script>
<noscript><a href="https://yllix.com/publishers/543549" target="_blank"><img src="//ylx-aff.advertica-cdn.com/pub/728x90.png" style="border:none;margin:0;padding:0;vertical-align:baseline;" alt="ylliX - Online Advertising Network" /></a></noscript>

Qualcomm Inc (NASDAQ: QCOM) and SSW Partners agreed to acquire Veoneer Inc (NYSE: VNE) for $37.00 per share in an all-cash transaction, representing a total equity value of $4.5 billion for Veoneer. The offer price represents an 18% premium to Veoneer’s prior agreement with Magna and an 86% premium to the unaffected share price before the announcement of the Magna deal.

...read full article on Benzinga

ylliX - Online Advertising Network