Dana Incorporated Announces Agreement to Sell Off-Highway Business for $2.7 Billion; $1 Billion Capital Return Authorization
Price represents 7x the expected 2025 adjusted EBITDA of the Off-Highway business Strengthens balance sheet through substantial debt reduction Positions Dana with a streamlined go-to-market approach dedicated to on-highway light- and commercial-vehicle customers Announcing a new 550 million of capital return to shareholders at or before closing of the Off-Highway business saleMAUMEE, Ohio, June 11, 2025 /PRNewswire/ -- Dana Incorporated (NYSE: DAN ...