Dana Incorporated (DAN) has disclosed a new risk, in the Corporate Activity and Growth category.
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Dana Incorporated faces significant business risk due to the pending sale of its Off-Highway business to Allison, as the transaction is subject to numerous conditions, including regulatory approvals. Any failure to meet these conditions or unexpected developments could delay or derail the sale, potentially leading to less favorable terms or a complete collapse of the deal. The process demands considerable management focus, possibly detracting from other business operations, and may incur substantial expenses. Such uncertainties could adversely impact Dana’s financial health, operational results, and stock price, especially if the sale is not completed in a timely manner.
Overall, Wall Street has a Moderate Buy consensus rating on DAN stock based on 6 Buys and 3 Holds.
To learn more about Dana Incorporated’s risk factors, click here.
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