The acquisition of the Dana (DAN) off-highway business is expected to be immediately accretive to Allison’s (ALSN) diluted earnings per share and is anticipated to generate annual run-rate synergies of approximately $120M. Allison intends to finance the transaction using a combination of cash on the company’s balance sheet and debt. The acquisition was approved by both companies’ Boards of Directors, and it is expected to close late in the fourth quarter of 2025, pending customary regulatory approvals.
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