AAM and Dowlais win Chinese antitrust approval for $1.44bn merger
Yahoo Finance·2026-01-19 19:15
American Axle & Manufacturing (AAM) and Dowlais Group have secured Chinese antitrust clearance, completing regulatory approvals ahead of their planned February 2026 merger. 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. The US automotive and mobility supplier struck the deal in January last year to acquire UK-based Dowlais Group in a cash-and-share transaction ...