TORONTO — Magna International Inc. has signed a deal to buy German company Telemotive AG.Financial terms of the agreement for the company, which has about 550 employees, were not immediately available Monday.Telemotive provides automotive electronics engineering services.Magna says it will be integrated into Magna Steyr, its vehicle engineering and contract manufacturing business.The deal, which is subject to regulatory approval, is expected to close in the second quarter of this year.Caisse de depot to invest $3 billion in new Montreal public transit rail networkCurbing carbon emissions will cost the economy, but not changing ‘could be substantial,’ PBO saysTesla’s Elon Musk is working on a secret plan to fix city traffic involving a self-driving ‘bus’ read more