(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.

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 ...

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 ...

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 ...

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.

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 ...

Dowlais traces its roots back to the formation of Dowlais Ironworks Co in south Wales at the dawn of the Industrial Revolution in 1759 GKN Automotive supplies products for around half the world ...

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 ...