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home / news releases / magna buys veoneer how this impacts your returns


VNE - Magna Buys Veoneer: How This Impacts Your Returns

  • When we last covered Magna International, we had moved to neutral stance on account of valuation.
  • The stock continued higher for the next 2 months and then fell back sharply.
  • The company announced a deal to acquire Veoneer at a lofty premium.
  • We dissect the numbers and tell you how this impacts your investment.

For further details see:

Magna Buys Veoneer: How This Impacts Your Returns
Stock Information

Company Name: Veoneer Inc.
Stock Symbol: VNE
Market: NYSE
Website: veoneer.com

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