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Dowlais, American Axle
American Axle Agrees to Acquire Dowlais at $1.44B to Expand Globally
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.
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.
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.
2d
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, ...
2d
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.
1d
Buy Recommendation for Dowlais Group PLC Due to Strategic Acquisition and Asset Valuation
Dowlais Group PLC (DWL – Research Report), the Consumer Cyclical sector company, was revisited by a Wall Street analyst yesterday. Analyst ...
2d
UK car parts group Dowlais agrees £1.2bn US takeover
Dowlais, the former automotive division of GKN, has agreed to be acquired by American Axle & Manufacturing in a cash-and-shares deal valuing it at about £1.16bn, as the two groups seek scale to ...
13h
New permanent classes for pupils with autism in Merthyr Tydfil
The proposals for Dowlais Primary School and Cyfarthfa High School will go before cabinet next week with new autism spectrum ...
1d
RBC Capital Sticks to Its Buy Rating for Dowlais Group PLC (DWL)
In a report released today, Mark Fielding from RBC Capital maintained a Buy rating on Dowlais Group PLC (DWL – Research Report), with a price ...
3d
on MSN
British "industrial aristocracy" Dowlais joins exodus from London stock market
Dowlais traces its roots back to the formation of Dowlais Ironworks Co in south Wales at the dawn of the Industrial ...
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