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Magna International - Acquiring Growth At A Reasonable Price
2015-07-19 05:44:40| Automakers - Topix.net
Even as Magna has long-term challenges to modernize the business and keep up with technological changes, the strategic direction is sound while the valuation is appealing. Magna International announced a rather sizable acquisition in Europe as it is looking to buy German-based Getrag Group in a $1.75 billion deal.
Tags: price
international
growth
reasonable
Category:Automotive