GKN Automotive owner Dowlais Group has become the latest London-listed firm to receive a takeover offer from a US competitor.
American Axle & Manufacturing has agreed to buy Dowlais Group for about $1.44 billion in a cash-and-shares deal that will ...
The Detroit-based drivetrain components supplier's acquisition of Dowlais Group plc will offer more production scale, help lower costs.
GM axle and powertrain supplier American Axle and Manufacturing is acquiring Dowlais Group to gain access to transmission-making subsidiary GKN Automotive.
Vertical Aerospace (Vertical) (NYSE: EVTL) ("Vertical” or the “Company”), a global aerospace and technology company that is ...
Corporate raider Melrose bought GKN for £8bn in 2018 in a move that faced fierce opposition over fears the 266-year-old ...
GKN, a mainstay of British engineering, has changed hands multiple times since 2018, when it succumbed to an 8 billion pound hostile bid from Melrose (MRON.L), opens new tab. In 2023, Melrose spun ...
for five aerospace R&D projects by GKN Aerospace, Queens University, Rolls-Royce, Short Brothers and ZeroAvia. The projects will help pioneer innovations like zero-emission hydrogen flight and ...
GKN Automotive business Dowlais is to be taken over in a deal worth £1.16 billion. The board of the FTSE 250-listed business ...
It then spun off GKN’s automotive division under the name Dowlais while retaining the aerospace business. FTSE 250-listed Dowlais will leave London’s stock market after just two years in a ...