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 ironworks of Merthyr Tydfil - Cyfarthfa and Dowlais in particular - gave rise to Wales's first industrial town. By 1830 Monmouthshire and east Glamorgan were producing half the iron exported ...
Formerly engineering outfit GKN's powder metallurgy businesses, Dowlais - named after the village in South Wales where GKN was founded - was spun off in 2023, while the former parent itself was ...
British "industrial aristocracy" Dowlais joins exodus from London stock market - Dowlais traces its roots back to the formation of Dowlais Ironworks Co in south Wales at the dawn of the Industrial Rev ...
In 2023, Melrose spun off GKN's automotive and powder metallurgy businesses by listing Dowlais - named after the village in South Wales where GKN was founded. Its London-listed shares have lost ...
High Street in Dowlais, Merthyr Tydfil has been closed since around 4am on January 1 following a collision. South Wales Police closed the road in both directions from Blaen Dowlais High Street to ...
American Axle & Manufacturing (AAM) in Detroit has acquired the British Dowlais Group, which includes GKN Automotive and GKN Powder Metallurgy, for approximately $1.44 billion in cash and AAM shares.
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