The transaction terms offer 85.2 pence per Dowlais share, combining 0.0863 new American Axle shares, 42 pence in cash, and up ...

Under the new terms accepting Dowlais shareholders will get 0.0881 new AAM shares and 43 pence in cash compared with 0.0863 new AAM shares and 42 pence in cash as previously agreed. Dowlais ...

American Axle & Manufacturing (AAM) has agreed to acquire UK-based car parts maker Dowlais Group in a cash and stock deal valued at approximately $1.44bn. The deal aims to create a “leading ...

Dowlais shareholders will be entitled to receive for each share of Dowlais' common stock: 0.0863 shares of new AAM common stock, 42 pence per share in cash and up to a 2.8 pence of Dowlais FY24 ...

American Axle & Manufacturing Holdings, Inc. AXL, a leading supplier of driveline and drivetrain systems, modules and components, has reached an agreement with the board of Dowlais Group plc for a ...

Combining internal combustion engine, hybrid, and electric vehicle categories will provide a worldwide driveline and metal-forming supplier with a varied client base. Under the deal, Dowlais ...

Detroit-based AAM's acquisition of Dowlais Group plc will offer better costs from economies of scale, a rounded powertrain-agnostic portfolio, customer diversification and a more-balanced ...

Gift Article 10 Remaining As a subscriber, you have 10 articles to gift each month. Gifting allows recipients to access the article for free. American Axle & Manufacturing Holdings Inc. plans to ...

(Reuters) - 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 ...

Investing.com -- American Axle & Manufacturing (NYSE: AXL) Holdings Inc. (NYSE: AXL), a leading automotive supplier, has agreed to acquire UK-based Dowlais in a deal that values the European auto ...

Dowlais valued at 85.2 pence per share, 25% premium Dowlais shares up 4.6% AAM shareholders to hold 51% of combined entity Dowlais shareholders to own about 49% of new entity Dowlais shares jumped ...