The operating margin at the engines division is set to head north because of better RRSP cash flows, the end of a lengthy restructuring programme (which should be finalised this year), and a ...
Dowlais shares are trading at 69.45p, despite a takeover offer worth 85.2p. So should investors rush to buy the FTSE 250 stock for a 23% gain? The post This FTSE 250 stock could jump 23% in 2025 ...
Charles R. Goulding and Preeti Sulibhavi examine American Axle & Manufacturing’s US$1.4 billion acquisition of Dowlais Group, ...
GKN Automotive owner Dowlais Group has received a takeover offer from a competitor, as another London-listed firm faces a buyout from the US.
In addition to beating Wall Street expectations for its fourth quarter results, investors were pleased with American Axle’s ...
(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 ...
One of Britain’s oldest industrial manufacturers has become the latest major listed company to say it is leaving the London stock market. Specialist automotive engineering group Dowlais, which ...
(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), ...
The car parts arm of GKN looks set to be sold to a US rival in a £1.2billion deal six years after Melrose’s hostile takeover of the British engineer. Dowlais, spun out of GKN in 2023 ...