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Veoneer soars 55% after Magna International buyout deal

Jul. 23, 2021 8:22 AM ETVeoneer, Inc. (VNE) Stock, MGA Stock, MG:CA StockBy: Clark Schultz, SA News Editor2 Comments

Business and technology concept. Communication network. GUI (Graphical User Interface).
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  • Veoneer (NYSE:VNE) trades up 54.94% to $30.88 to sit just short of the $31.25 offer from Magna International (NYSE:MGA).
  • The deal includes Veoneer's Arriver platform, jointly developed with Qualcomm, which will operate as a separate business unit. In addition, Veoneer's passive

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