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 ...
Detroit's American Axle buys British driveline maker for $1.44 billion
The British firm that American Axle is acquiring was listed on the London exchange in 2023 and has lost 40% of its stock ...
Reuters4 天
American Axle to buy GKN automotive owner Dowlais in $1.4 billion deal
American Axle shares fell 2.8% to $5.66 ... companies take advantage of UK firms' relatively cheap valuations. GKN, a mainstay of British engineering, has changed hands multiple times since ...
DBusiness Magazine2 天
American Axle in Detroit Acquires British Dowlais Group for $1.44B
American Axle & Manufacturing (AAM) in Detroit has acquired the British Dowlais Group, which includes GKN Automotive and GKN ...
Q&A: American Axle CEO David Dauch explains Dowlais Group acquisition
American Axle, the Detroit-based driveline manufacturer, announced Monday it's buying Dowlais Group plc, parent of GKN Automotive, in a $1.44 billion cash-and-stock deal. Auto customers are demanding ...
ET Auto3 天
American Axle to buy GKN automotive owner Dowlais in USD 1.4 billion deal
Dowlais shares jumped as much as 13%, but had pared gains to trade up 4.6% at 71.5 pence by 1418 GMT. RBC analysts said the ...
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 ...
Crain's Detroit2 天
American Axle CEO says Detroit will benefit from $1.44B Dowlais deal
Detroit-based American Axle & Manufacturing Inc. CEO David Dauch spent much of Wednesday assuring analysts that the ...