Dana (DAN) and Allison Transmission (ALSN) announced that all required regulatory approvals related to the previously announced sale of Dana’s off-highway business to Allison have been received. The parties intend to close the transaction at or near the end of this year. The transaction is targeted to close at or near the end of this year, subject to final customary closing procedures.
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on DAN:
- Dana price target raised to $28 from $26 at JPMorgan
- Dana Inc. Faces Uncertainty with Off-Highway Business Sale to Allison: Regulatory Hurdles and Market Risks Ahead
- Dana Incorporated Faces Business Risks Amid Pending Off-Highway Sale to Allison
- Dana price target raised to $28 from $25 at UBS
- Dana Holding Corp Reports Strong Q3 2025 Results