CORRECTED-BUZZ-Dowlais soars on deal with American Axle

Reuters
01-29
CORRECTED-BUZZ-Dowlais soars on deal with American Axle

Removes reference to "takeover" in headline

** British automotive parts supplier Dowlais DWL.L up nearly 10% at 75 pence, highest level since July 26

** Stock top gainer on FTSE 250 index .FTMC

** U.S. autoparts maker American Axle and Manufacturing AXL.N will buy GKN Automotive owner Dowlais in a cash-and-stock deal, valuing the London-listed firm at about 1.16 bln pounds ($1.44 bln)

** Deal values DWL at 85.2 pence apiece, a premium of nearly 25% to the prior close

** According to a joint statement, shareholders of AXL will hold 51% of the combined entity, while DWL shareholders will own about 49%

** In 2024, DWL fell ~37%

($1 = 0.8034 pounds)

(Reporting by Radhika Anilkumar in Bengaluru;)

((Radhika.Anilkumar@thomsonreuters.com;))

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10