The transaction terms offer 85.2 pence per Dowlais share, combining 0.0863 new American Axle shares, 42 pence in cash, and up to 2.8 pence as a final cash dividend for each share of Dowlais.

American Axle (AXL) and Dowlais announced the expiration of the waiting period under the U.S. Hart-Scott-Rodino Antitrust Improvements Act of 1976 for the proposed combination of Dowlais with AAM.

In a significant development for the auto industry, American Axle & Manufacturing Holdings Inc. (NYSE:AXL) has announced a key regulatory milestone in its acquisition of Dowlais Group plc.

DETROIT, March 13, 2025 /PRNewswire/ -- AAM (NYSE: AXL ) and Dowlais are pleased to announce the expiration of the waiting period under the U.S. Hart-Scott-Rodino Antitrust Improvements Act of ...

The boards of American Axle & Manufacturing Holdings (AAM) and Dowlais reached agreement on the terms of a recommended cash and share offer in January. Following completion, Dowlais shareholders will ...

The AXL share price has dropped to a current figure of $4.55, and this would then value the offer for Dowlais at around 76p. American Axle's share price has been undoubtedly hit by all the tariff ...

In a stock exchange announcement, Dowlais said that Michigan-based American Axle & Manufacturing Holdings had offered £1.16bn for the firm. The merger offer represents a 25 per cent premium on Dowlais ...

In a report released today, Adam Jonas from Morgan Stanley maintained a Buy rating on American Axle (AXL – Research Report), with a price ...

In a significant development for the auto industry, American Axle & Manufacturing Holdings Inc. (NYSE:AXL) has announced a key regulatory milestone in its acquisition of Dowlais Group plc. The waiting ...