Crain's Detroit2d
American Axle to acquire London-based supplier in $1.44B deal
American Axle & Manufacturing Holdings Inc. plans to acquire British peer Dowlais Group Plc in a $1.44 billion deal that ...
Why American Axle's $1.44B bid for British rival aims to navigate uncertain future
The Detroit-based drivetrain components supplier's acquisition of Dowlais Group plc will offer more production scale, help lower costs.
Strategic Merger Drives Positive Outlook: American Axle’s Buy Rating Affirmed Amid Synergy and Diversification Benefits
Analyst Adam Jonas from Morgan Stanley maintained a Buy rating on American Axle (AXL – Research Report) and keeping the price target at ...
Ambitious Smaller Companies Hunt Big Prey as Bold M&A Returns
The improving environment for deals is encouraging some smaller firms to start hunting much larger prey.Automotive supplier ...
American Axle's latest acquisition highlights its long rise from near death
American Axle spun off from GM in 1996, nearly crashed during the recession and, with a $1.4 billion buy of UK's Dowlais, ...
UK car parts group Dowlais agrees to US takeover in £1.2bn deal
Dowlais, the former automotive division of GKN, has agreed to be acquired by American Axle & Manufacturing in a ...