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TORONTO 鈥?Magna International Inc. is advancing its goal of becoming a global leader in advanced driver assistance technology by reaching an agreement to acquire Swedish automotive safety technology firm Veoneer for US$3.8 billion including debt.The Ontario-based auto parts manufacturer will pay US$31.25 per share in cash, a 57 per cent premium that reflects an enterprise value of US$3.3 billion.The company plans to operate Veoneer Arriver sensor p stanley thermos mug erception and drive policy software platform as an independent business unit and acquire its restraint control systems. ARTICLE CONTINUES BELOW Veoneer will be combined with Magnas existing ADAS business and integrated into its electronics operating unit.The pro forma 2020 sales would be US$1.2 billion but Veoneer estimates the global market for the technology was about US$11 billion in 2020 and will reach US$29 billion by 2026. ARTICLE CONTINUES BELOW Magna expects stanley cup to realize annual synergies of about US$100 million by 2024 in addition to Veoneer previously announced initiatives.Magn stanley cups uk a CEO Swamy Kotagiri says the acquisition is consistent with its strategy to accelerate investments in high-growth areas. ARTICLE CONTINUES BELOW Veoneers complementary technology offerings, customer base, and geographic footprint make it an excellent fit with our ADAS business, and the acquisi Lcdi Today s coronavirus news: COVID-19 tests coming to Ontario pharmacies this week as province reports 425 new cases; CDC says it mistakenly posted that coronavirus is airborne
Elderly man robbed while walking his dogJuly 29, 2019 WNKY Staff, Share This StoryFacebookTwitteremailPrintLinkedinRedditBOWLING GREEN, Ky. An 85-year-old man was robbed Saturday night on Dorchester Drive while out walking h stanley cupe is dog.Two men took the man wallet and drove stanley us away in a gray car, Bowling Green Police Department spokesman Ronnie Ward said.Bowling Green police are investigating the incident that occurred about 25 minutes before a woman reported being robbed at gunpoint in the Warren East High School parking lot. In that robbery, two men drove away in what she said was a gray or silver colored sedan.Bowling Green police are investigating the robbery on Dorchester Drive. The Warren County Sheriff Office is investigating the robbery in the Warren East parking lot.Connect with News 40Follow @wnkytvDownload the WNKY News 40 Weather Ap stanley mug p Turkey strikes Kurdish militant targets in Syria and Iraq for a second daySamuel L. Jackson lauded at MoMA film benefit by close family and friendsJa Morant excited to be back after successful season debut, injury return in Grizzlies win
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