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
Tag: Magna
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’
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
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
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