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Magna Announces Sale of Its Lighting and Rooftop Systems Businesses - Magna International (NYSE:MGA)

The businesses generated about $1.1 billion in combined global sales in 2025, and Magna said the divestitures will not affect its earnings outlook.

Summary by Benzinga
Definitive agreements signed to divest Lighting and Rooftop Systems businesses Businesses generated approximately $1.1 billion in combined global sales in 2025 Transactions expected to close in the second half of 2026   AURORA, Ontario, April 09, 2026 (GLOBE NEWSWIRE) -- Magna International Inc. (TSX:MG, NYSE:MGA) today announced that it has entered into definitive agreements to divest its Lighting business through two separate transactions, as …

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Magna Announces Sale of Its Lighting and Rooftop Systems Businesses

Definitive agreements signed to divest Lighting and Rooftop Systems businessesBusinesses generated approximately $1.1 billion in combined global sales in...

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Inside Ottawa Valley broke the news in Ottawa, Canada on Thursday, April 9, 2026.
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