Jan 29 (Reuters) - British automotive parts supplier Dowlais DWL.L said on Wednesday that it would be acquired by U.S.-based autoparts maker American Axle and Manufacturing AXL.N in a cash-and-share deal, valuing the London-listed firm at 1.16 billion pounds ($1.44 billion).
(Reporting by DhanushVignesh Babu and Aby Jose Koilparambil in Bengaluru; Editing by Sherry Jacob-Phillips)
((DhanushVignesh.Babu@thomsonreuters.com;))
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