The race to invest in automotive chipmaker Veoneer is heating up next the entry of Qualcomm into the fray. Qualcomm, a company of wi-fi chips for smartphones, declared Thursday it has placed a bid to invest in Veoneer for $37 per share in dollars. This signifies a total fairness worth of $four.6 billion primarily based on an approximated 123 million fully-diluted shares remarkable. But in late July, Veoneer and Canadian automobile elements company Magna Intercontinental announced a definitive merger settlement, underneath which Magna will purchase Veoneer for $31.twenty five per share in dollars, or a total deal worth of $3.eight billion. Inclusive of Veoneer’s dollars, web debt, and other debt-like products, the company worth…