The transaction terms offer 85.2 pence per Dowlais share, combining 0.0863 new American Axle shares, 42 pence in cash, and up to 2.8 pence as a final cash dividend for each share of Dowlais.

American Axle (AXL) and Dowlais announced the expiration of the waiting period under the U.S. Hart-Scott-Rodino Antitrust Improvements Act of 1976 for the proposed combination of Dowlais with AAM.

Under the terms of the agreement, 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 ...

Investing.com -- Dowlais Group, a UK-based engineering company, reported a reduction in its annual pretax loss for the previous ...

Engineering group Dowlais has seen revenues drop by 6.4%, after high volatility in the battery electric vehicle (BEV) market. A decline in adjusted revenue to £4.9bn was driven by a weakness in ...

(Alliance News) - Dowlais Group PLC on Wednesday said it remains focused on accelerating the transition to a "powertrain-agnostic business model" as it posted a reduction in 2024 revenue.