Magna International Inc (NYSE:MGA)
$ 41.71 -0.45 (-1.07%) Market Cap: 11.99 Bil Enterprise Value: 19.03 Bil PE Ratio: 11.15 PB Ratio: 1.04 GF Score: 75/100

Magna International Inc to Acquire Veoneer Inc Call Transcript

Jul 23, 2021 / 11:00AM GMT
Release Date Price: $80.93 (-4.75%)
Operator

Greetings, everyone, and welcome to the Magna acquisition of Veoneer. (Operator Instructions) Please note today's conference is being recorded, Friday, July 23, 2021.

It is now with pleasure that I turn today's presentation over to Mr. Louis Tonelli, VP of Investor Relations. Please go ahead, sir.

Louis Tonelli
Magna International Inc. - VP of IR

Thank you, Bridget, and good morning, everyone. Joining me today are Swamy Kotagiri, CEO; and Vincent Galifi, CFO. We issued a press release yesterday announcing that we've signed a definitive agreement to acquire Veoneer. You'll find the press release, today's conference call webcast and the slide presentations to go along with the call, all in the Investor Relations section of our website at magna.com.

Before we get started, just as a reminder, the discussion today may contain forward-looking information or forward-looking statements within the meaning of the securities legislation. Such statements involve certain risks, assumptions and uncertainties which may cause the company's actual or future

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