Jan. 19 at 2:25 PM
$AXL gets green light from China for
$1.44B Dowlais deal! 🚦
🇨🇳 Regulatory approval clears a major hurdle for the acquisition, aiming to boost global presence and focus on EV tech. The merger, expected to complete in Q1 2026, is set to create short- and long-term value and enhance innovation and financial strength, with conditions to protect competition in China.
Discover the full implications for AXL here 👉 https://www.zacks.com/stock/news/2819404/american-axle-gets-chinas-green-light-for-dowlais-deal?cid=sm-stocktwits-2-2819404-body-29430&ADID=SYND_STOCKTWITS_TWEET_2_2819404_BODY_29430