American Axle & Manufacturing Proposes Charter Amendment to Facilitate Acquisition of Dowlais Group

Reuters

Jun 10, 2025

American Axle & Manufacturing Proposes Charter Amendment to Facilitate Acquisition of Dowlais Group

American Axle & Manufacturing Holdings Inc. $(AAM)$ has updated its definitive proxy statement filed with the U.S. Securities and Exchange Commission regarding its proposed acquisition of Dowlais Group plc. The transaction involves a recommended offer by AAM to acquire the entire issued and to-be-issued share capital of Dowlais, a public company in England and Wales. As part of this deal, AAM plans to increase its authorized common stock shares from 150 million to 375 million to accommodate the new share issuance. A special meeting for AAM stockholders has been scheduled for July 15, 2025, to approve the necessary amendments and share issuance for the acquisition.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. AAM - American Axle & Manufacturing Holdings Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-25-057870), on June 09, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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AAM - American Axle &amp; Manufacturing Holdings Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-25-057870), on June 09, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"AXL","symbol_name":"American Axle & Mfg","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250609:nNDL4x0Xsk:1","article_id":"2542067330","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2542067330","pubTimestamp":1749502832,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"American Axle & Manufacturing Holdings Inc.  has updated its definitive proxy statement filed with the U.S. Securities and Exchange Commission regarding its proposed acquisition of Dowlais Group plc. The transaction involves a recommended offer by AAM to acquire the entire issued and to-be-issued share capital of Dowlais, a public company in England and Wales. As part of this deal, AAM plans to increase its authorized common stock shares from 150 million to 375 million to accommodate the new share issuance. A special meeting for AAM stockholders has been scheduled for July 15, 2025, to approve the necessary amendments and share issuance for the acquisition.Disclaimer: This news brief was created by Public Technologies  using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. AAM - American Axle & Manufactur","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"AXL":"American Axle & Mfg","BK4124":"机动车零配件与设备","BK5065":"机动车零配件与设备","DWL.UK":"DOWLAIS GROUP PLC"},"translate_title":"American Axle&Manufacturing提议修改章程以促进收购Dowlais Group","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"AXL":0.9,"DWL.UK":0.9},"content_text":"American Axle & Manufacturing Proposes Charter Amendment to Facilitate Acquisition of Dowlais Group\n    \n\n        American Axle & Manufacturing Holdings Inc. $(AAM)$ has updated its definitive proxy statement filed with the U.S. Securities and Exchange Commission regarding its proposed acquisition of Dowlais Group plc. The transaction involves a recommended offer by AAM to acquire the entire issued and to-be-issued share capital of Dowlais, a public company in England and Wales. 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