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

GKN Automotive owner Dowlais Group has become the latest London-listed firm to receive a merger offer from a US competitor.

Dowlais traces its roots back to the formation of Dowlais Ironworks Co in south Wales at the dawn of the Industrial ...

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 ...

Dowlais, which operates in more than 20 countries, is set to join a growing list of takeovers as foreign companies take advantage of UK firms' relatively cheap valuations. GKN, a mainstay of ...

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

Corporate raider Melrose bought GKN for £8bn in 2018 in a move that faced fierce opposition over fears the 266-year-old ...

GKN Automotive owner Dowlais is set to be acquired by a US firm in a deal worth almost £1.2billion, less than two years after ...

GM axle and powertrain supplier American Axle and Manufacturing is acquiring Dowlais Group to gain access to transmission-making subsidiary GKN Automotive.

American Axle & Manufacturing (AAM) in Detroit has acquired the British Dowlais Group, which includes GKN Automotive and GKN ...