NewsHedge Funds24/05/2018
Autoliv and Cevian agree governance terms for planned Veoneer spin-off
Cevian Capital →Autoliv, Veoneer and Cevian Capital II GP agreed ownership and governance arrangements ahead of the planned Veoneer spin-off. Cevian’s nomination right was conditional on an ownership threshold; the agreement does not establish the eventual completion date.