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 ...
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 ...
GKN Automotive owner Dowlais Group has received a takeover offer from a competitor, as another London-listed firm faces a buyout from the US.
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 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 ...
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 ...
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 ...
Q4 2024 Earnings Call Transcript February 14, 2025 American Axle & Manufacturing Holdings, Inc. reports earnings inline with ...
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 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 ...
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