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.

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 ...

DETROIT, Feb. 24, 2025 /PRNewswire/ -- American Axle & Manufacturing Holdings, Inc. (AAM), (NYSE: AXL) has announced the successful syndication of the bridge financing to support the announced ...

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 ...

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 ...

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.