Veoneer announces planned date for closing of merger and future ceo

Stockholm, march 24, 2022 /prnewswire/ -- today, the automotive technology company veoneer, inc. (nyse: vne and sse: vne sdb), announced that, in connection with the previously announced merger agreement among veoneer, ssw holdco lp, ssw merger sub corp, and qualcomm incorporated (nasdaq: qcom), the parties have agreed that the closing of the merger will take place on april 1, 2022, subject to the continued condition that no governmental law or order has the effect of restraining, enjoining, rendering illegal or otherwise prohibiting the consummation of the merger on such date. upon the closing of the merger, veosneer's new owners, ssw, plan to appoint jacob svanberg, currently senior vice president lidar product area and corporate development, as veoneer's new ceo.
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