Dowlais was created in 2023 after being spun off from aerospace firm Melrose Industries. It was formerly known as GKN Automotive. GKN was acquired by Melrose in 2018 after a hostile takeover battle.

Charles R. Goulding and Preeti Sulibhavi examine American Axle & Manufacturing’s US$1.4 billion acquisition of Dowlais Group, ...

(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 ...

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 ...

The operating margin at the engines division is set to head north because of better RRSP cash flows, the end of a lengthy restructuring programme (which should be finalised this year), and a ...

is acquiring Dowlais Group plc, parent company of transmission, plug-in hybrid system and AWD system manufacturer GKN Automotive. The transaction sees American Axle acquiring the foreign company ...

"We're a successful company at $6 billion. GKN, or Dowlais, is a successful company at $6 billion. I think we have a stronger chance of being more successful as a $12 billion company in a market ...

The car parts arm of GKN looks set to be sold to a US rival in a £1.2billion deal six years after Melrose’s hostile takeover of the British engineer. Dowlais, spun out of GKN in 2023 ...

American Axle & Manufacturing has agreed to buy Dowlais Group for about $1.44 billion in a cash-and-shares deal that will result in another U.K. company leaving the London stock market.

In addition to beating Wall Street expectations for its fourth quarter results, investors were pleased with American Axle’s ...

Dowlais, which operates in more than 20 countries, is set to join a growing list of takeovers as foreign companies take advantage of UK firms' relatively cheap valuations. GKN, a mainstay of ...