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American Axle & Manufacturing has agreed to acquire Dowlais, the former automotive division of UK engineering firm GKN, for £1.16 billion in a cash-and-stock deal. Dowlais is a world leader in drive systems for the automotive industry.
“A&O Shearman and Slaughter and May are advising on Detroit-based American Axle & Manufacturing’s £1.16bn acquisition of Dowlais, the former automotive division of UK engineering firm GKN.”globallegalpost.com
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