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

(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 ...

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 ...

It's the umbrella company of its drivetrain technology supplier known as GKN Automotive. In a hostile takeover, Melrose bought the British aerospace and automotive company GKN in 2018 before ...

GKN Automotive owner Dowlais Group has received a takeover offer from a competitor, as another London-listed firm faces a buyout from the US.

GKN Automotive owner Dowlais is set to merge with a US firm in a deal worth around £1.16billion, less than two years after it was spun-out of Melrose Industries. The cash-and-stock takeover by ...

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.Most Read from BloombergTrump's F ...

It then spun off GKN’s automotive division under the name Dowlais while retaining the aerospace business. FTSE 250-listed Dowlais will leave London’s stock market after just two years in a ...

GKN Automotive owner Dowlais backed a cash-and-shares offer from Detroit-based American Axle & Manufacturing as the pair look to create a supplier with “significant size and scale” in ...

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 ...

In 2023, Melrose spun off GKN's automotive and powder metallurgy businesses by listing Dowlais - named after the village in South Wales where GKN was founded. Its London-listed shares have lost ...