AAM and Dowlais win Chinese antitrust approval for $1.44bn merger

American Axle & Manufacturing (AAM) and Dowlais Group have secured Chinese antitrust clearance for their $1.44 billion merger, completing all regulatory approvals ahead of a planned February 2026 closing.

“The companies said the decision from China’s State Administration for Market Regulation means all conditions tied to regulatory and competition approvals for the transaction have now been met.”just-auto.com

• 2 sources
• just-auto.comAAM and Dowlais win Chinese antitrust approval for mergerShubhendu VimalJan 19, 2026
• english.samr.gov.cnChina conditionally approves American Axle's acquisition of Dowlais Group stakeJan 22, 2026

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