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Stevens, who led GKN at the time of Melrose's £8billion swoop, slammed the decision to sell its car parts arm Dowlais to rival American Axle for £1.2billion.

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 ...

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 ...

American Axle & Manufacturing has agreed to buy Dowlais Group for about $1.44 billion in a cash-and-shares deal that will result in another U.K. company leaving the London stock market.

The British firm that American Axle is acquiring was listed on the London exchange in 2023 and has lost 40% of its stock value since.

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 ...

Dowlais Group, the specialist engineering firm formed through Melrose Industries' demerger of its GKN Automotive, GKN Powder Metallurgy and GKN Hydrogen businesses, has agreed terms on a combination ...

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

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 ...