Suppliers

Veoneer will sell $500 million of bonds, equity to boost working capital

(Bloomberg)
JH
By:
Johannes Hellstrom
|
R
By:
Reuters
May 21, 2019 11:29 AM

STOCKHOLM -- Swedish supplier Veoneer plans to shore up its working capital by $500 million through the sale of bonds and shares, as it waits for a strong order book to translate into a pickup in earnings.

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