Qualcomm, SSW Partners to buy Veoneer in $4.5 billion deal

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STOCKHOLM, Oct 4 (Reuters) – Chipmaker Qualcomm Inc (QCOM.O) and SSW Partners have reached an agreement to buy Swedish automotive technology group Veoneer (VNE.N), for $4.5 billion, Veoneer said on Monday.

Veoneer’s expertise in making advanced driver assistance systems (ADAS) made it an attractive takeover target for both Qualcomm and Canada’s Magna (MG.TO).



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