Under the new terms accepting Dowlais shareholders will get 0.0881 new AAM shares and 43 pence in cash compared with 0.0863 new AAM shares and 42 pence in cash as previously agreed. Dowlais ...

Detroit-based AAM's acquisition of Dowlais Group plc will offer better costs from economies of scale, a rounded powertrain-agnostic portfolio, customer diversification and a more-balanced ...

As part of the agreement, Dowlais shareholders will receive 0.0863 new AAM shares per Dowlais common stock, along with 42 pence per share in cash and up to 2.8 pence from Dowlais’ full-year 2024 ...

The transaction terms offer 85.2 pence per Dowlais share, combining 0.0863 new American Axle shares, 42 pence in cash, and up ...

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 ...

American Axle & Manufacturing Holdings Inc. said its $1.44 billion acquisition of Dowlais Group is moving forward even as tariffs and market volatility weigh on the automotive industry.

The proposed combination, as assessed by the CCI, represents a vertical integration in the automotive sector, particularly in ...

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 ...

LONDON - Dowlais Group PLC and American Axle & Manufacturing (NYSE:AXL) Holdings, Inc. (AAM) have announced an increased offer price for the acquisition of Dowlais by AAM, following the ...

May 16 (Reuters) - Detroit-based American Axle and Manufacturing (AXL.N), opens new tab said on Friday it plans to seek a secondary listing of its shares in London after its $1.4 billion ...

American Axle & Manufacturing Holdings, Inc. AXL, a leading supplier of driveline and drivetrain systems, modules and components, has reached an agreement with the board of Dowlais Group plc for a ...