Veoneer confirms receipt of qualcomm proposal

Stockholm, aug. 5, 2021 /prnewswire/ -- the automotive technology company veoneer, inc. (nyse: vne and sse: vne sdb) today confirmed that it has received a non-binding proposal from qualcomm incorporated to acquire all of the outstanding shares of veoneer at a price of $37.00 per share in cash.  veoneer's board of directors will evaluate the proposal from qualcomm consistent with its legal duties and the terms of the magna merger agreement.
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