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American Axle, Dowlais

GlobalData on MSN · 16h

American Axle & Manufacturing signs $1.44bn deal to acquire Dowlais

The deal aims to create a “leading supplier of global driveline and metal-forming supplier” for the automotive industry.

U.S. Auto-Parts Maker American Axle To Buy Britain’s Dowlais For $1.4 Billion

American Axle & Manufacturing has agreed to buy Dowlais Group for about $1.44 billion in a cash-and-shares deal that will result in another U.K. company leaving the London stock market.

Hosted on MSN · 1d

American Axle to buy GKN automotive owner Dowlais in $1.4 billion deal

Detroit-based American Axle and Manufacturing will buy GKN Automotive owner Dowlais in a cash-and-stock deal, valuing the London-listed firm at about 1.16 billion pounds ($1.44 billion), the companies said on Wednesday.

1d

Why American Axle's $1.44B bid for British rival aims to navigate uncertain future

The Detroit-based drivetrain components supplier's acquisition of Dowlais Group plc will offer more production scale, help lower costs.

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Detroit's American Axle buys British driveline maker for $1.44 billion

The British firm that American Axle is acquiring was listed on the London exchange in 2023 and has lost 40% of its stock ...

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UK car parts group Dowlais agrees to US takeover in £1.2bn deal

Dowlais, the former automotive division of GKN, has agreed to be acquired by American Axle & Manufacturing in a ...

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