Detroit-based American Axle and Manufacturing will buy GKN Automotive owner Dowlais in a cash-and-stock deal, valuing the ...

American Axle & Manufacturing has agreed to buy Dowlais Group for about $1.44 billion in a cash-and-shares deal that will ...

British "industrial aristocracy" Dowlais joins exodus from London stock market - Dowlais traces its roots back to the ...

Shares in specialist UK auto parts engineer Dowlais surged on Wednesday after it agreed terms on a £1.16bn cash and share ...

The British firm that American Axle is acquiring was listed on the London exchange in 2023 and has lost 40% of its stock ...

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 ...

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 ...

which traces its roots back to the formation of Dowlais Ironworks Co in south Wales at the dawn of the Industrial Revolution in 1759, said it had agreed a merger with New York stock exchange ...