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), the companies ...

GM axle and powertrain supplier American Axle and Manufacturing is acquiring Dowlais Group to gain access to ...

American Axle & Manufacturing Holdings Inc. plans to acquire British peer Dowlais Group Plc in a $1.44 billion deal that would establish the Detroit-based supplier as a "truly global" player and ...

American Axle, the Detroit-based driveline manufacturer, announced Monday it's buying Dowlais Group plc, parent of GKN ...

American Axle & Manufacturing (AAM) in Detroit has acquired the British Dowlais Group, which includes GKN Automotive and GKN Powder Metallurgy, for approximately $1.44 billion in cash and AAM shares.

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), the ...

Detroit-based American Axle & Manufacturing Inc. CEO David Dauch spent much of Wednesday assuring analysts that the supplier’s $1.44 billion transatlantic takeover will benefit shareholders and the ...

Dowlais traces its roots back to the formation of Dowlais Ironworks Co in south Wales at the dawn of the Industrial Revolution in 1759 ...

Dowlais shares jumped as much as 13%, but had pared gains to trade up 4.6% at 71.5 pence by 1418 GMT. RBC analysts said the offer "somewhat undervalues what is an attractive Tier 1 auto asset during ...