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

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

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 ...

O’Reilly Automotive (NASDAQ:ORLY – Get Free Report) is projected to announce its earnings results after the market closes on Wednesday, February 5th. Analysts expect the company to announce earnings ...

American Axle shares fell 2.8% to $5.66. The deal values Dowlais, maker of driveline systems and other automotive parts, at 85.2 pence per share, a premium of nearly 25% to the stock's close on ...

(Reuters) - 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 ...

Dowlais – which is comprised of the former GKN Automotive assets – was created via an asset spinoff by investor group Melrose Industries Plc, in 2023. American Axle was founded in 1994 by investors ...

The partnership encompasses strategic opportunities, training initiatives and an expanded range of offerings, NEXUS said.