The union said workers voted by 84% on Saturday to ratify a new collective bargaining agreement covering more than 400 ...

GM axle and powertrain supplier American Axle and Manufacturing is acquiring Dowlais Group to gain access to transmission-making subsidiary GKN Automotive.

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

Detroit-based American Axle & Manufacturing Inc. CEO David Dauch spent much of Wednesday assuring analysts that the supplier’s $1.44 billion transatlantic takeover will benefit shareholders and the ...

Analyst Adam Jonas from Morgan Stanley maintained a Buy rating on American Axle (AXL – Research Report) and keeping the price target at ...

(Reuters) - Detroit-based American Axle and Manufacturing will buy GKN ... maker of driveline systems and other automotive parts, at 85.2 pence per share, a premium of nearly 25% to the stock's ...

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 companies ...

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.

American Axle & Manufacturing Holdings Inc.'s bid to acquire a public United Kingdom-based automotive parts company in a $1.44 billion cash-and-stock deal aims to strengthen the Detroit auto ...

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

(Alliance News) - Dowlais Group PLC on Wednesday accepted a GBP1.16 billion takeover by American Axle & Manufacturing, a producer of driveline products and systems.

Following the merger, which will require a shareholder vote, Dowlais shareholders will own 49 per cent of the combined group with Detroit-based American Axle owning the rest. American Axle’s ...