Dowlais is the latest U.K company to be snapped up by a U.S. buyer, credit: ochikosan/AdobeStock Slaughter and May and A&O Shearman Advise as Latest UK Company Goes American
The deal reflects a sustained exodus of companies from the London Stock Exchange.
January 30, 2025 at 07:07 AM
3 minute read
Slaughter and May, Cravath Swaine & Moore and A&O Shearman are all advising on the latest takeover of a U.K. FTSE-listed company by a U.S. acquirer.
U.K. carmaking group Dowlais announced on Wednesday that it had agreed to be taken over for £1.16 billion by American company American Axle & Manufacturing (AAM), just one year after it was listed on the FTSE 250.
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