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Dowlais shares surge after agreeing £1.16bn takeover by American Axle

By Frank Prenesti

Date: Wednesday 29 Jan 2025

(Sharecast News) - Shares in specialist UK auto parts engineer Dowlais surged on Wednesday after it agreed terms on a £1.16bn cash and share takeover by American Axle & Manufacturing.
If the deal goes through, Dowlais would leave the London Stock Exchange after the takeover, while chief executive Liam Butterworth would...

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