American Axle to Acquire Dowlais in $1.44 Billion Deal, Creating Global Auto Supplier
American Axle & Manufacturing ( AXL, Financials) has reached an agreement to acquire Dowlais Group in a $1.44 billion cash-and-stock deal, the companies announced Wednesday. Shares tumbled over 10%, leading a chip sell-off as China's new AI model prompted fresh questions on Big Tech's investments.
Dowlais Group PLC (DWL – Research Report), the Consumer Cyclical sector company, was revisited by a Wall Street analyst yesterday. Analyst ...
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 & Manufacturing (AAM), (NYSE: AXL) is pleased to announce that it has reached an agreement with the board of ...
The Vanguard Group, Inc. ( ) Form 8.3 - The Vanguard Group, Inc.: Dowlais Group plc 30-Jan-2025 / 14:24 GMT/BST FORM 8.3 ...
American Axle spun off from GM in 1996, nearly crashed during the recession and, with a $1.4 billion buy of UK's Dowlais, ...
British car parts maker Dowlais has agreed to a £1.2bn US takeover to cope with the industry switch to electric vehicles (EVs ...
Dowlais traces its roots back to the formation of Dowlais Ironworks Co in south Wales at the dawn of the Industrial ...
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