Detroit-based American Axle and Manufacturing will buy GKN Automotive owner Dowlais in a cash-and-stock deal, valuing the ...
Three men found guilty of fly-tipping more than 26,000 tonnes of waste in Lichfield and at 16 other sites across the country ...
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 ...
Corporate raider Melrose bought GKN for £8bn in 2018 in a move that faced fierce opposition over fears the 266-year-old ...
GKN Automotive owner Dowlais Group has become the latest London-listed firm to receive a merger offer from a US competitor.
The British firm that American Axle is acquiring was listed on the London exchange in 2023 and has lost 40% of its stock ...
American Axle & Manufacturing has agreed to buy Dowlais Group for about $1.44 billion in a cash-and-shares deal that will ...
GKN, a mainstay of British engineering, has changed hands multiple times since 2018, when it succumbed to an 8 billion pound hostile bid from Melrose (MRON.L), opens new tab. In 2023, Melrose spun ...
American Axle & Manufacturing (AAM) in Detroit has acquired the British Dowlais Group, which includes GKN Automotive and GKN ...
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 ...
The Detroit-based drivetrain components supplier's acquisition of Dowlais Group plc will offer more production scale, help lower costs.