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American Axle, Dowlais

GlobalData on MSN · 18h

American Axle & Manufacturing signs $1.44bn deal to acquire Dowlais

The deal aims to create a “leading supplier of global driveline and metal-forming supplier” for the automotive industry.

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 · 1d

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.

20h

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, ...

1don 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 ...

1d

FTSE 100 Live: UK Stocks Set to Lag European Peers, Pound Edges Up

Dowlais shares are down about 25% over the past 12 months, as it was caught up in a broader downturn in the car industry.

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