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 ...
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 ...
(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), ...
(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 ...
GKN Automotive owner Dowlais Group has received a takeover offer from a competitor, as another London-listed firm faces a buyout from the US.
One of Britain’s oldest industrial manufacturers has become the latest major listed company to say it is leaving the London stock market. Specialist automotive engineering group Dowlais, which ...
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 ...