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Dowlais, American Axle

U.S. Auto-Parts Maker American Axle To Buy Britain’s Dowlais For $1.4 Billion

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.

Hosted on MSN · 2d

American Axle to buy GKN automotive owner Dowlais in $1.4 billion deal

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 companies said on Wednesday.

YAHOO!Finance · 2d

American Axle to Acquire Dowlais in $1.44 Billion Deal, Creating Global Auto Supplier

American Axle & Manufacturing ( AXL, Financials) has reached an agreement to acquire Dowlais Group in a $1.44 billion cash-and-stock deal, the companies announced Wednesday. Shares tumbled over 10%, leading a chip sell-off as China's new AI model prompted fresh questions on Big Tech's investments.

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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.

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American Axle's latest acquisition highlights its long rise from near death

American Axle spun off from GM in 1996, nearly crashed during the recession and, with a $1.4 billion buy of UK's Dowlais, ...

2don MSN

UK car parts group Dowlais agrees to US takeover in £1.2bn deal

Dowlais, the former automotive division of GKN, has agreed to be acquired by American Axle & Manufacturing in a ...

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