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 ...

American Axle announced that it has reached an agreement with the board of the Dowlais on the terms of a recommended cash and share offer to be made by AAM for the entire issued and to be issued ...

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 ...

(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 ...

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 ...

(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 ...

American Axle & Manufacturing (NYSE:AXL) has announced a $1.44 billion cash and stock merger pact with Dowlais Group. The combination will create a leading global driveline and metal forming ...