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. The ...

(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 ...

(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 ...

Under the deal, Dowlais owners will get 0.0863 new AAM stock, 42 pence per share in cash, and up to a 2.8 penny final dividend for fiscal year 2024. After the acquisition is complete, Dowlais ...

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 ...

(Bloomberg) -- American Axle & Manufacturing Holdings Inc., a maker of drivetrain components, has agreed to combine with UK peer Dowlais Group Plc in a transatlantic automotive deal. A cash-and-share ...