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American Axle secures Chinese approval for Dowlais merger

Story Highlights
  • China antitrust approval clears all regulatory conditions for American Axle’s acquisition of Dowlais.
  • Court sanction on January 30 and a February 3, 2026 effective date set the path for delisting Dowlais and listing American Axle shares in London and New York, subject to remaining conditions.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
American Axle secures Chinese approval for Dowlais merger

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American Axle ( (AXL) ) has issued an announcement.

On January 16, 2026, Dowlais Group and American Axle & Manufacturing issued updates on their recommended cash-and-share combination, originally agreed on January 29, 2025, under which Dowlais shareholders are to receive 0.0881 new American Axle shares plus 43 pence in cash per Dowlais share. The companies reported that China’s State Administration for Market Regulation has formally approved the deal, meaning all regulatory and antitrust conditions have been satisfied, and set out a detailed timetable toward completion, with a UK court sanction hearing scheduled for January 30, 2026, the scheme expected to become effective on February 3, 2026, the suspension and subsequent cancellation of Dowlais’s London listing, and the admission of American Axle shares to trading in London and New York; Dowlais shareholders were also reminded of key tax certification deadlines, with potential withholding on cash consideration if documentation is not properly submitted.

The most recent analyst rating on (AXL) stock is a Hold with a $8.50 price target. To see the full list of analyst forecasts on American Axle stock, see the AXL Stock Forecast page.

Spark’s Take on AXL Stock

According to Spark, TipRanks’ AI Analyst, AXL is a Neutral.

Overall score reflects mixed financial performance constrained by high leverage and weaker free-cash-flow growth, partially offset by strong technical momentum and a generally positive earnings outlook. Valuation is neutral-to-slightly expensive without a dividend, limiting the upside contribution from this component.

To see Spark’s full report on AXL stock, click here.

More about American Axle

American Axle & Manufacturing Holdings, Inc. is a U.S.-based manufacturer in the automotive components industry, focused on driveline and metal forming technologies for global vehicle makers, and is seeking to expand its presence through strategic combinations with international engineering and automotive groups such as UK-listed Dowlais Group plc.

Average Trading Volume: 2,950,356

Technical Sentiment Signal: Buy

Current Market Cap: $922.3M

See more data about AXL stock on TipRanks’ Stock Analysis page.

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