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.
American Axle & Manufacturing announces $1.44B cash and stock merger pact with Dowlais
American Axle & Manufacturing (AXL) has announced a $1.44 billion cash and stock merger pact with Dowlais Group.
Dowlais Group Agreed to $1.44 Bln American Axle & Manufacturing Takeover
Dowlais Group agreed to a 1.16 billion pounds ($1.44 billion) cash-and-share takeover by American Axle & Manufacturing Holdings.
Crain's Detroit9d
American Axle to acquire London-based supplier in $1.44B deal
American Axle & Manufacturing Holdings Inc. plans to ... In a joint statement Wednesday, the companies said they expect AAM shareholders to hold 51% of the combined entity and Dowlais shareholders ...
American Axle & Manufacturing Holdings, Inc. (AXL) Announces Combination with Dowlais Conference Call Transcript
American Axle & Manufacturing Holdings, Inc. ( NYSE: AXL) AAM Announces Combination with Dowlais Conference Call January 29, 2025 8:00 AM ET David Lim - Head, IR David Dauch - Chairman and CEO Chris ...
American Axle to buy GKN automotive owner Dowlais in $1.4 billion deal
By Yadarisa Shabong (Reuters) -Detroit-based American Axle and Manufacturing (AAM) will buy GKN Automotive owner Dowlais in a cash-and-stock deal, valuing the London-listed firm at about 1.16 billion ...
Hosted on MSN11mon
US firm’s tech turns a petrol ute into an electric powerhouse
At CES 2024, AAM showcased its award-winning, next-generation 3-in-1 electric drive units (eDUs), fully integrated e-Beam axles, and innovative component technologies. “As the industry continues ...
Reuters10d
American Axle to buy GKN automotive owner Dowlais in $1.4 billion deal
Dowlais valued at 85.2 pence per share, 25% premium Dowlais shares up 4.6% AAM shareholders to hold 51 ... the ongoing wider auto slump". American Axle shares fell 2.8% to $5.66.