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.
Ninety One UK Ltd - Form 8.3 - Dowlais Group Plc PR Newswire LONDON, United Kingdom, March 25 FORM 8.3 PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY A PERSON WITH INTERESTS IN RELEVANT ...
Dowlais, the former automotive division of GKN, has agreed to be acquired by American Axle & Manufacturing in a cash-and-shares deal valuing it at about £1.16bn, as the two groups seek scale to ...
Dowlais (DWL) posted an 11 per cent decline in annual revenue as investors in the specialist automotive engineer, which was spun off from Melrose Industries (MRO) in 2023, contemplate the merits of ...
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 ...
The AXL share price has dropped to a current figure of $4.55, and this would then value the offer for Dowlais at around 76p. American Axle's share price has been undoubtedly hit by all the tariff ...