Corporate raider Melrose bought GKN for £8bn in 2018 in a move that faced fierce opposition over fears the 266-year-old company would be split up and sold off.

(Reuters) - 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 ...

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 ...

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 ...

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.

(RTTNews) - The boards of American Axle & Mfg Hldgs (AXL) and Dowlais have reached agreement on the terms of a recommended cash and share offer to be made by AAM for the entire issued and to be ...

Dowlais Group PLC (DWL – Research Report), the Consumer Cyclical sector company, was revisited by a Wall Street analyst yesterday. Analyst Vanessa Jeffriess from Jefferies assigned a Buy rating ...

(Sharecast News) - Shares in specialist UK auto parts engineer Dowlais surged on Wednesday after it agreed terms on a £1.16bn cash and share takeover by American Axle & Manufacturing. If the deal ...