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.

The deal aims to create a “leading supplier of global driveline and metal-forming supplier” for the automotive industry.

Ratings has announced that the upcoming acquisition of Dowlais Group plc by American Axle & Manufacturing (NYSE:AXL), Inc. will not affect the latter's B1 corporate family rating. The $3 billion cash ...

Dowlais valued at 85.2 pence per share, 25% premium Dowlais shares up 4.6% AAM shareholders to hold 51% of combined entity Dowlais shareholders to own about 49% of new entity Dowlais shares jumped ...

Form 8.3 - The Vanguard Group, Inc.: Dowlais Group plc 20-Feb-2025 / 14:01 GMT/BST FORM 8.3 PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY A PERSON WITH INTERESTS IN RELEVANT SECURITIES ...

Under the terms of the agreement, Dowlais shareholders will be entitled to receive for each share of Dowlais' common stock: 0.0863 shares of new AAM common stock, 42 pence per share in cash and up ...

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

FORM 8.3 The naming of nominee or vehicle companies is insufficient. For a trust, the trustee (s), settlor and beneficiaries ...

If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 2(a) or (b) (as appropriate) for each ...

Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates following the dealing (if any) Details of any open stock-settled derivative positions ...

DJ Form 8.3 - The Vanguard Group, Inc.: Dowlais Group plc The Vanguard Group, Inc. ( ) Form 8.3 - The Vanguard Group, Inc.: Dowlais Group plc 20-Feb-2025 / 14:01 GMT/BST ...