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Magna announces cooperation regarding regulatory investigation

Magna International Inc. (TSX: MG; NYSE: MGA) today announced that the CADE (Conselho Administrativo de Defesa Economica), Brazil’s competition authority, has attended at the offices of a subsidiary in Brazil, in connection with an ongoing antitrust investigation. Magna’s policy is to comply with all applicable laws, including antitrust and competition laws, and we intend to … Continued

Magna International Inc. (TSX: MG; NYSE: MGA) today announced that the CADE (Conselho Administrativo de Defesa Economica), Brazil’s competition authority, has attended at the offices of a subsidiary in Brazil, in connection with an ongoing antitrust investigation.

Magna’s policy is to comply with all applicable laws, including antitrust and competition laws, and we intend to cooperate with CADE in this investigation.

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