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.

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 ...

Auto business wins with lifetime revenue value of £4.8bn Statutory pre-tax loss flattered by non-repeat of £449mn impairment Back in January, the respective boards of Dowlais and Detroit-based ...

Ninety One UK Ltd - Form 8.3 - Dowlais Group Plc Dowlais shares are trading at 69.45p, despite a takeover offer worth 85.2p. So should investors rush to buy the FTSE 250 stock for a 23% gain? The post ...

Dowlais Group reported a narrowed pretax loss for last year, thanks to cost controls that offset a decline in revenue due to challenges in the auto market, and forecast flat sales at best this ...

(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.

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 ...

Revenues and profits have declined at Dowlais Group against a "challenging environment". The specialist engineering firm's proposed combination with an American giant - which values the company at ...

GKN Automotive owner Dowlais Group's sales were hit by volatility in the electric vehicle market last year ahead of its £1.2billion sale to a US rival. The automotive engineering specialist ...