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

GKN Automotive owner Dowlais Group has become the latest London-listed firm to receive a takeover offer from a US competitor.

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

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 & Manufacturing Inc. CEO David Dauch spent much of Wednesday assuring analysts that the ...

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

Vehicle engineering firm GKN has launched its new eTwinsterX drive system, which can provide manufacturers with an easy route to partial or full electrification of their cars. GKN has declared the ...

American Axle & Manufacturing (AAM) in Detroit has acquired the British Dowlais Group, which includes GKN Automotive and GKN ...

GKN Automotive owner Dowlais is set to be acquired by a US firm in a deal worth almost £1.2billion, less than two years after ...

The deal values Dowlais, maker of driveline systems and other automotive ... take advantage of UK firms' relatively cheap valuations. GKN, a mainstay of British engineering, has changed hands ...

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 ...