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GKN owner Dowlais faces takeover by US competitor
Dowlais was created in 2023 after being spun off from aerospace firm Melrose Industries. It was formerly known as GKN Automotive. GKN was acquired by Melrose in 2018 after a hostile takeover battle.
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Detroit's American Axle buys British driveline maker for $1.44 billion
Detroit-based American Axle and Manufacturing will buy GKN Automotive owner Dowlais in a cash-and-stock deal, valuing the London-listed firm at about 1.16 billion pounds ($1.44 billion), the ...
Automakers hit the brakes on EVs for U.S. as Trump policies alter market, supplier boss says
The changes add pressure to Dowlais’ GKN Automotive unit, which is still reeling from last year’s slowdown in Europe’s EV ...
Nasdaq1mon
AAM Announces Combination with Dowlais for $1.44 Billion in Cash and Stock
Dowlais' businesses comprise GKN Automotive and GKN Powder Metallurgy with over 70 manufacturing facilities in 19 countries across the world, Dowlais is an automotive technology leader delivering ...
Insider1mon
Dowlais Group agrees deal for combination with US giant - values the company at £1.16bn
Dowlais Group, the specialist engineering firm formed through Melrose Industries' demerger of its GKN Automotive, GKN Powder Metallurgy and GKN Hydrogen businesses, has agreed terms on a combination ...
This is Money17d
GKN Automotive owner hit by EV market volatility ahead of sale to US rival
GKN Automotive owner Dowlais Group's sales were hit by volatility in the electric vehicle market last year ahead of its £1.2billion sale to a US rival. The automotive engineering specialist ...
Yahoo Finance1mon
American Axle to buy GKN automotive owner Dowlais in $1.4 billion deal
(Reuters) - Detroit-based American Axle and Manufacturing will buy GKN Automotive owner Dowlais in a cash-and-stock deal, valuing the London-listed firm at about 1.16 billion pounds ($1.44 billion), ...
Finanznachrichten3mon
Dowlais Group Plc Appoints New Chief Executive to GKN Powder Metallurgy
Jean-Marc joins GKN Powder Metallurgy on 12 March as it continues to transform its business to take advantage of the global transition to electric vehicles. Dowlais Group Plc, the specialist ...
Insider Media18d
“Challenging environment” hits results at Dowlais Group but proposed £1.16bn combination represents “a significant opportunity”
Revenues and profits have declined at Dowlais Group against a "challenging environment". The specialist engineering firm's proposed combination with an American giant - ...
Yahoo Finance1mon
British "industrial aristocracy" Dowlais joins exodus from London stock market
Dowlais owns two thirds of the former GKN business, GKN Automotive and GKN Powder Metallurgy, that is one of the most illustrious names in British industry and a founder member of the FTSE-100 as ...
Reuters4mon
Melrose Industries PLC
Detroit-based American Axle and Manufacturing will buy GKN Automotive owner Dowlais in a cash-and-stock deal, valuing the London-listed firm at about 1.16 billion pounds ($1.44 billion), the ...