Electronics
1 min read
Qualcomm Tops Magna’s Bid With $4.6 Billion Offer For Veoneer
Chipmaker Qualcomm Inc said on Thursday it had offered to buy Swedish auto parts maker Veoneer Inc for $4.6 billion, an 18.4% premium to a bid by Canada’s Magna International Inc that was accepted by Veoneer’s board. U.S.-listed shares of Veoneer rose 21.7%…