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โ Due DiligenceRisks
1. Loss of competitive advantage: As a publicly traded company, Magna Internationalโs financial information is available to competitors, which could enable them to gain an advantageous market position.
2. Regulatory risk: Financial information is subject to potential misinterpretations or misstatements, which could lead to violations of applicable disclosure regulations and legal penalties.
3. Fraud risk: Financial information is subject to potential manipulation, which could expose Magna International to legal action and financial losses.
4. Reputational risk: Magna Internationalโs reputation could be damaged if financial statements contain inaccuracies, leading to a loss of public trust and investor confidence.