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

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

American Axle, the Detroit-based driveline manufacturer, announced Monday it's buying Dowlais Group plc, parent of GKN ...

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 ...

GM axle and powertrain supplier American Axle and Manufacturing is acquiring Dowlais Group to gain access to transmission-making subsidiary GKN Automotive.

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

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

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

American Axle shares fell 2.8% to $5.66 ... companies take advantage of UK firms' relatively cheap valuations. GKN, a mainstay of British engineering, has changed hands multiple times since ...

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