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GKN Automotive owner Dowlais Group has announced it is exploring a potential sale of its powder metallurgy unit, after “volatility” in battery electric vehicle (BEV) production dented half ...
Dowlais offers strong potential for growth with global diversification and a focus on EV transition in its product portfolio. See why I rate DWLAF stock a Buy.
Dowlais Group PLC has initiated a significant move in the financial markets with the repurchase of 277,583 of its ordinary shares, marking a step in its £50 million share buy-back initiative.
The agreement represents a premium of around 25% of Dowlais’ closing share price on Tuesday, according to the terms released Wednesday. American Axle shares closed down 9.97% on Wednesday at $5.24.
Dowlais FY24 Net Loss Narrows, Stock Up March 05, 2025 — 03:53 am EST Written by RTTNews.com for RTTNews -> ...
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 ...
Dowlais also said it expects to take an 18 million pound ($23.04 million) charge in 2024 from the disposal of its hydrogen business. ($1 = 0.7812 pounds) Reporting by Prerna Bedi in Bengaluru ...
American Axle & Manufacturing (AAM), (NYSE: AXL) is pleased to announce that it has reached an agreement with the board of the Dowlais Group plc (Dowlais), (LON: DWL) on the terms of a recommended ...
AXL agrees with Dowlais for a proposed cash and share acquisition of Dowlais' entire issued and future ordinary share capital at approximately $1.44 billion.
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 ...
American Axle & Manufacturing is merging with UK-based Dowlais Group to tackle industry transitions and diversify, growing to $12 billion in combined sales. Learn more on AXL stock here.
Under the terms of the agreement, 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 ...