Magna International Inc. AURORA, Ontario, March 05, 2024 (GLOBE NEWSWIRE) — Magna International Inc. (TSX: MG; NYSE: MGA) today announced that it has entered into an underwriting agreement in respect of the offering of U.S.$400 million aggregate principal amount of senior unsecured notes due 2029 (the “notes”). The notes will bear interest at an annual… Continue reading Magna Announces Senior Notes Offering
Tag: Magna
Veteran General Counsel Quinn Johnson Joins Reichman Jorgensen Lehman & Feldberg LLP as a Partner
REDWOOD SHORES, Calif., March 6, 2024 /PRNewswire/ — Reichman Jorgensen Lehman & Feldberg LLP (RJLF), an elite majority women-owned trial boutique, announced that Quinn Johnson, former Vice President and Deputy General Counsel of Arconic Corporation, has joined the firm as a Partner and the firm’s General Counsel. Johnson brings over two decades of unparalleled experience… Continue reading Veteran General Counsel Quinn Johnson Joins Reichman Jorgensen Lehman & Feldberg LLP as a Partner
American Industrial Partners Capital Fund VII completes acquisition of Veoneer
SOUTHFIELD, Mich., March 1, 2024 /PRNewswire/ — Veoneer today announced that the American Industrial Partners Capital Fund VII (AIP Fund VII) has completed the acquisition of Veoneer’s Restraint Control Systems business from SSW Partners LP. The deal was first announced on December 6, 2023. Veoneer is a market leader in Automotive Safety Electronics. In the past year, nearly… Continue reading American Industrial Partners Capital Fund VII completes acquisition of Veoneer
American Industrial Partners Capital Fund VII completes acquisition of Veoneer
SOUTHFIELD, Mich., March 1, 2024 /PRNewswire/ — Veoneer today announced that the American Industrial Partners Capital Fund VII (AIP Fund VII) has completed the acquisition of Veoneer’s Restraint Control Systems business from SSW Partners LP. The deal was first announced on December 6, 2023. Veoneer is a market leader in Automotive Safety Electronics. In the past year, nearly… Continue reading American Industrial Partners Capital Fund VII completes acquisition of Veoneer
GM, Magna and Wipro team up to develop B2B automotive software sales platform
General Motors, global automotive supplier Magna, and leading technology services and consulting company Wipro Limited, have teamed up to develop a B2B sales platform for buying and selling automotive software. The platform, called SDVerse, aims to revolutionise the automotive software sourcing and procurement process by providing a matchmaking platform for buyers and sellers of embedded… Continue reading GM, Magna and Wipro team up to develop B2B automotive software sales platform
Magna Announces Senior Notes Offering
AURORA, Ontario, March 05, 2024 (GLOBE NEWSWIRE) — Magna International Inc. (TSX: MG; NYSE: MGA) today announced that it has entered into an underwriting agreement in respect of the offering of U.S.$400 million aggregate principal amount of senior unsecured notes due 2029 (the “notes”). The notes will bear interest at an annual rate of 5.050%… Continue reading Magna Announces Senior Notes Offering
American Industrial Partners Capital Fund VII completes acquisition of Veoneer
SOUTHFIELD, Mich., March 1, 2024 /PRNewswire/ — Veoneer today announced that the American Industrial Partners Capital Fund VII (AIP Fund VII) has completed the acquisition of Veoneer’s Restraint Control Systems business from SSW Partners LP. The deal was first announced on December 6, 2023. Veoneer is a market leader in Automotive Safety Electronics. In the past year, nearly… Continue reading American Industrial Partners Capital Fund VII completes acquisition of Veoneer
General Motors, Magna, and Wipro Team Up to Develop Automotive Software Marketplace: ‘SDVerse’
SDVerse serves as a ‘matchmaking’ platform between buyers and sellers of embedded automotive software Focuses on matching automotive software buyers and sellers, over captive software development The digital platform increases transparency and reduces inefficiencies in software development and procurement Ampere*, FEV, Forvia, HL Mando, NXP Semiconductors, TTTech Auto, and Valeo lead a “Launch Partner” group… Continue reading General Motors, Magna, and Wipro Team Up to Develop Automotive Software Marketplace: ‘SDVerse’
American Industrial Partners Capital Fund VII completes acquisition of Veoneer
SOUTHFIELD, Mich., March 1, 2024 /PRNewswire/ — Veoneer today announced that the American Industrial Partners Capital Fund VII (AIP Fund VII) has completed the acquisition of Veoneer’s Restraint Control Systems business from SSW Partners LP. The deal was first announced on December 6, 2023. Veoneer is a market leader in Automotive Safety Electronics. In the past year, nearly… Continue reading American Industrial Partners Capital Fund VII completes acquisition of Veoneer
General Motors, Magna, and Wipro Team Up to Develop Automotive Software Marketplace: ‘SDVerse’
SDVerse SDVerse serves as a ‘matchmaking’ platform between buyers and sellers of embedded automotive software SDVerse serves as a ‘matchmaking’ platform between buyers and sellers of embedded automotive software Focuses on matching automotive software buyers and sellers, over captive software development The digital platform increases transparency and reduces inefficiencies in software development and procurement Ampere*,… Continue reading General Motors, Magna, and Wipro Team Up to Develop Automotive Software Marketplace: ‘SDVerse’