American Axle & Manufacturing has agreed to buy Dowlais Group for about $1.44 billion in a cash-and-shares deal that will ...
Detroit-based American Axle and Manufacturing will buy GKN Automotive owner Dowlais in a cash-and-stock deal, valuing the ...
Shares in specialist UK auto parts engineer Dowlais surged on Wednesday after it agreed terms on a £1.16bn cash and share ...
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 Rev ...
The British firm that American Axle is acquiring was listed on the London exchange in 2023 and has lost 40% of its stock value since.
Trying to tackle these changes, from a leveraged starting point, the company has resorted to merge with its UK peer Dowlais (OTCPK:DWLAF), in order to grow and tackle a challenging future together.
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 ...
Dowlais Group PLC (DWL – Research Report), the Consumer Cyclical sector company, was revisited by a Wall Street analyst yesterday. Analyst ...
In 2023, Melrose spun off GKN's automotive and powder metallurgy businesses by listing Dowlais - named after the village in South Wales where GKN was founded. Its London-listed shares have lost ...
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 ...
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