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 deal aims to create a “leading supplier of global driveline and metal-forming supplier” for the automotive industry.
A deal to buy Electrical Components International would be first for London-listed vehicle since it was founded last year ...
Ratings has announced that the upcoming acquisition of Dowlais Group plc by American Axle & Manufacturing (NYSE:AXL), Inc. will not affect the latter's B1 corporate family rating. The $3 billion cash ...
If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 2(a) or (b) (as appropriate) for each ...
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 ...
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 ...
In addition to beating Wall Street expectations for its fourth quarter results, investors were pleased with American Axle’s ...
Form 8.3 - The Vanguard Group, Inc.: Dowlais Group plc 20-Feb-2025 / 14:01 GMT/BST FORM 8.3 PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY A PERSON WITH INTERESTS IN RELEVANT SECURITIES ...
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 positions ...