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.

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 ...

A deal to buy Electrical Components International would be first for London-listed vehicle since it was founded last year ...

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 ...

American Axle & Manufacturing has agreed to buy Dowlais Group for about $1.44 billion in a cash-and-shares deal that will result in another U.K. company leaving the London stock market.

"We're a successful company at $6 billion. GKN, or Dowlais, is a successful company at $6 billion. I think we have a stronger chance of being more successful as a $12 billion company in a market ...

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 ...

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 ...

GKN Automotive owner Dowlais Group has received a takeover offer from a competitor, as another London-listed firm faces a buyout from the US.