Detroit-based American Axle and Manufacturing will buy GKN Automotive owner Dowlais in a cash-and-stock deal, valuing the ...
AXL agrees with Dowlais for a proposed cash and share acquisition of Dowlais' entire issued and future ordinary share capital ...
American Axle & Manufacturing has agreed to buy Dowlais Group for about $1.44 billion in a cash-and-shares deal that will ...
The deal aims to create a “leading supplier of global driveline and metal-forming supplier” for the automotive industry.
American Axle & Manufacturing (AAM) in Detroit has acquired the British Dowlais Group, which includes GKN Automotive and GKN ...
American Axle & Manufacturing Holdings Inc. plans to acquire British peer Dowlais Group Plc in a $1.44 billion deal that ...
Dowlais shares jumped as much as 13%, but had pared gains to trade up 4.6% at 71.5 pence by 1418 GMT. RBC analysts said the ...
American Axle announced that it has reached an agreement with the board of the Dowlais on the terms of a recommended cash and share offer to be ...
Shares in specialist UK auto parts engineer Dowlais surged on Wednesday after it agreed terms on a £1.16bn cash and share ...
Holdings Inc. (NYSE: AXL), a leading automotive supplier, has agreed to acquire UK-based Dowlais in a deal that values the ...
The British firm that American Axle is acquiring was listed on the London exchange in 2023 and has lost 40% of its stock ...
The Detroit-based drivetrain components supplier's acquisition of Dowlais Group plc will offer more production scale, help lower costs.