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Canadian auto parts maker Magna International Inc said on Thursday it will buy Swedish rival Veoneer Inc for about $3.8 billion in cash, in a deal that would help expand its driver assistance technologies business.
Magna will buy out Veoneer’s outstanding shares for $31.25 each, and the acquisition represents an enterprise value of $3.3 billion including debt, the companies said in a joint statement.
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Veoneer’s market value was $2.23 billion based on its Thursday closing price, according to Refinitiv Eikon data.
Magna s $3 8 bln Veoneer buy to drive car safety business
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U.S. administers 337.74 million doses of COVID-19 vaccines - CDC
07/18/2021 18:46
(Reuters) - The United States has administered 337,740,358 doses of COVID-19 vaccines in the country as of Sunday morning, the U.S. Centers for Disease Control and Prevention said.
Those figures are up from the 337,239,448 doses the CDC said had gone into arms by Saturday.
The agency said 186,038,501 people had received at least one dose while 161,232,483 people were fully vaccinated as of Sunday.
The CDC tally includes two-dose vaccines from Moderna and Pfizer/BioNTech, as well as Johnson & Johnson s one-shot vaccine as of 6 a.m. ET (1000 GMT) on Sunday. (Reporting by Anirudh Saligrama in Bengaluru)