Charles R. Goulding and Preeti Sulibhavi examine American Axle & Manufacturing’s US$1.4 billion acquisition of Dowlais Group, ...

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.

Dowlais valued at 85.2 pence per share, 25% premium Dowlais shares up 4.6% AAM shareholders to hold 51% of combined entity Dowlais shareholders to own about 49% of new entity Dowlais shares jumped ...

The transaction terms offer 85.2 pence per Dowlais share, combining 0.0863 new American Axle shares, 42 pence in cash, and up to 2.8 pence as a final cash dividend for each share of Dowlais.

Detroit-based AAM's acquisition of Dowlais Group plc will offer better costs from economies of scale, a rounded powertrain-agnostic portfolio, customer diversification and a more-balanced ...

(a)      Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates following the dealing (if any) Details of any open stock-settled derivative ...

Under the terms of the agreement, Dowlais shareholders will be entitled to receive for each share of Dowlais' common stock: 0.0863 shares of new AAM common stock, 42 pence per share in cash and up ...

In addition to beating Wall Street expectations for its fourth quarter results, investors were pleased with American Axle’s ...

Gift Article 10 Remaining As a subscriber, you have 10 articles to gift each month. Gifting allows recipients to access the article for free. American Axle & Manufacturing Holdings Inc. plans to ...

Dowlais shares are trading at 69.45p, despite a takeover offer worth 85.2p. So should investors rush to buy the FTSE 250 stock for a 23% gain? The post This FTSE 250 stock could jump 23% in 2025 ...