American Axle & Manufacturing Acquires UK's Dowlais in £1.2bn Deal
#AutomotiveIndustry #USUKMergersAmerican Axle & Manufacturing acquires UK car parts firm Dowlais for £1.2bn, part of GKN Automotive. The deal aims to navigate the electric vehicle shift. UK market faces US takeover trend as UK-listed companies exit, with Dowlais processing 90% of world car manufacturers. read more
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