Detroit-based American Axle and Manufacturing will buy GKN Automotive owner Dowlais in a cash-and-stock deal, valuing the ...

American Axle, the Detroit-based driveline manufacturer, announced Monday it's buying Dowlais Group plc, parent of GKN Automotive, in a $1.44 billion cash-and-stock deal. Auto customers are demanding ...

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

Dowlais shares jumped as much as 13%, but had pared gains to trade up 4.6% at 71.5 pence by 1418 GMT. RBC analysts said the ...

Detroit-based American Axle & Manufacturing Inc. CEO David Dauch spent much of Wednesday assuring analysts that the ...

American Axle & Manufacturing has agreed to buy Dowlais Group for about $1.44 billion in a cash-and-shares deal that will ...

American Axle & Manufacturing Holdings Inc. plans to acquire British peer Dowlais Group Plc in a $1.44 billion deal that ...

The Detroit-based drivetrain components supplier's acquisition of Dowlais Group plc will offer more production scale, help lower costs.

American Axle & Manufacturing (AAM) in Detroit has acquired the British Dowlais Group, which includes GKN Automotive and GKN ...

Corporate raider Melrose bought GKN for £8bn in 2018 in a move that faced fierce opposition over fears the 266-year-old company would be split up and sold off.

GKN Automotive owner Dowlais is set to be acquired by a US firm in a deal worth almost £1.2billion, less than two years after ...

British car parts maker Dowlais has agreed to a £1.2bn US takeover to cope with the industry switch to electric vehicles (EVs ...