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.
American Axle & Manufacturing is merging with UK-based Dowlais Group to tackle industry transitions and diversify, growing to ...
Holdings Inc. (NYSE: AXL), a leading automotive supplier, has agreed to acquire UK-based Dowlais in a deal that values the European auto parts maker at approximately £1.16 billion.
Holdings, Inc. (AAM) has released its financial outlook for the year ending December 31, 2025, forecasting significant growth in sales and earnings. The automotive supplier anticipates full-year sales ...
American Axle & Manufacturing Holdings Inc. plans to acquire British peer Dowlais Group Plc in a $1.44 billion deal that would establish the Detroit-based supplier as a "truly global" player and ...
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 ...
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Reports Q4 revenue $1.38B, consensus $1.39B. “AAM delivered strong full year Adjusted EBITDA growth driven in large part by operational ...
In addition to beating Wall Street expectations for its fourth quarter results, investors were pleased with American Axle’s ...
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 ...