India, April 9 -- Magna International Inc.(MG.TO,MGA), a Canadian automotive parts maker, said on Thursday that it has inked deals to divest its lighting business through two separate transactions as well as its rooftop systems business in a third transaction.
The financial terms of transactions, expected to be completed in the second half of 2026, were not disclosed.
Swamy Kotagiri, CEO of Magna, said: "Today's announcement underscores our commitment to actively managing our portfolio in line with our guiding principles. Magna will continue to focus on businesses that advance our long-term growth, margin, and return objectives."
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