Zeroing on a British company with relatively low valuation by global standards, GM supplier American Axle and Manufacturing (AAM) is acquiring Dowlais Group plc, parent company of transmission ...

American Axle, the Detroit-based driveline manufacturer, announced Monday it's buying Dowlais Group plc, parent of GKN Automotive, in a $1.44 billion cash-and-stock deal. Auto customers are ...

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