American Axle plans secondary London listing after buying GKN Automotive
ReutersMay 16, 2025 6:10 AM
May 16 (Reuters) - Detroit-based American Axle and Manufacturing AXL.N said on Friday it plans to seek a secondary listing of its shares in London after its $1.4 billion acquisition of GKN Automotive owner Dowlais DWL.L.
"This will ensure a greater range of both existing and prospective shareholders are able to access the future value creation opportunity of the combination," said the company, which is listed on the New York Stock Exchange.
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