The combined company is anticipated to yield approximately $300m in synergies. Credit: Torychemistry/Shutterstock. American Axle & Manufacturing (AAM) has agreed to ...

The agreement to purchase British driveline provider Dowlais for $1.44 billion, announced Wednesday, marks the latest step for the company to achieve greater scale to meet the demand of electric ...

Trying to tackle these changes, from a leveraged starting point, the company has resorted to merge with its UK peer Dowlais (OTCPK:DWLAF), in order to grow and tackle a challenging future together.

American Axle & Manufacturing Holdings, Inc. AXL, a leading supplier of driveline and drivetrain systems, modules and components, has reached an agreement with the board of Dowlais Group plc for a ...

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. The ...

Zeroing on a British company with relatively low valuation by global standards, GM supplier American Axle and Manufacturing (AAM) is acquiring Dowlais Group plc, parent company of transmission ...

Dauch told Crain’s that the acquisition of GKN-owner Dowlais Group is also a win for the Motor City, to where the British auto parts supplier will move its headquarters under the combined company.

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 ...

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 ...