Dana Incorporated (DAN) has disclosed a new risk, in the Corporate Activity and Growth category.
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Dana Incorporated faces a significant business risk with the proposed sale of its Off-Highway business to Allison, as the transaction is contingent upon fulfilling several conditions, including obtaining regulatory approvals. Any failure to meet these conditions or unexpected developments could delay or even prevent the sale, potentially resulting in less favorable terms than anticipated. The process demands considerable management time and resources, possibly diverting attention from other business operations, and could lead to negative market reactions if not completed timely. These factors collectively pose a material adverse effect on Dana’s business, financial condition, and stock price.
Overall, Wall Street has a Moderate Buy consensus rating on DAN stock based on 5 Buys and 2 Holds.
To learn more about Dana Incorporated’s risk factors, click here.