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GKN owner Dowlais faces takeover by US competitorDowlais was created in 2023 after being spun off from aerospace firm Melrose Industries. It was formerly known as GKN Automotive. GKN was acquired by Melrose in 2018 after a hostile takeover battle.
The automotive engineering specialist reported its adjusted revenue dropped by 6.4 per cent at constant currency rates to ...
Dowlais' businesses comprise GKN Automotive and GKN Powder Metallurgy with over 70 manufacturing facilities in 19 countries across the world, Dowlais is an automotive technology leader delivering ...
Engineering group Dowlais has seen revenues drop by 6.4%, after high volatility in the battery electric vehicle (BEV) market.
Dowlais reported a drop in full-year profit and revenue on Wednesday, citing significant headwinds faced by its ePowertrain ...
(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), ...
Dowlais Group, the specialist engineering firm formed through Melrose Industries' demerger of its GKN Automotive, GKN Powder Metallurgy and GKN Hydrogen businesses, has agreed terms on a combination ...
A quiet FTSE 100 index was today upstaged by events in the tier below after Dowlais agreed a £1.2 billion takeover and WH Smith unveiled strong sales. GKN Automotive owner Dowlais backed a cash ...
Dowlais owns two thirds of the former GKN business, GKN Automotive and GKN Powder Metallurgy, that is one of the most illustrious names in British industry and a founder member of the FTSE-100 as ...
GKN Automotive owner Dowlais Group's sales were hit by volatility in the electric vehicle market last year ahead of its £1.2billion sale to a US rival. The automotive engineering specialist ...
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