Revenues and profits have declined at Dowlais Group against a "challenging environment". The specialist engineering firm's proposed combination with an American giant - ...

The U.K. engineering group said Wednesday that its pretax loss narrowed to 215 million pounds ($275.1 million) from a loss of 522 million pounds in 2023. The company in January agreed to a 1.16 ...

Dowlais shareholders will be entitled to receive for each share of Dowlais' common stock: 0.0863 shares of new AAM common stock, 42 pence per share in cash and up to a 2.8 pence of Dowlais FY24 ...

Dowlais reported a drop in full-year profit and revenue on Wednesday, citing significant headwinds faced by its ePowertrain ...

The transaction is comprised out of cash and share component, with American Axle being the surviving entity here, while investors in Dowlais combined will hold 49% of the shares in the new entity.

Engineering group Dowlais has seen revenues drop by 6.4%, after high volatility in the battery electric vehicle (BEV) market.

The automotive engineering specialist reported its adjusted revenue dropped by 6.4 per cent at constant currency rates to ...

Dowlais Group PLC on Wednesday said it remains focused on accelerating the transition to a "powertrain-agnostic business model" as it posted a reduction in 2024 revenue. Dowlais is the London-based ...

Today's call is not intended and does not constitute an offer to sell or the solicitation of an offer to subscribe for or buy securities of AAM or Dowlais in any jurisdiction where such offers or ...

The bridge financing has been successfully syndicated to a broad group of financial institutions in the form of a $843 ...

DETROIT, Feb. 24, 2025 /PRNewswire/ -- American Axle & Manufacturing Holdings, Inc. (AAM), (NYSE: AXL) has announced the successful syndication of the bridge financing to support the announced ...