American Axle announces acquisition of Metaldyne in USD 3.3 billion deal  [ USA ]

American Axle & Manufacturing (AAM) and Metaldyne Performance Group (MPG) announced that the companies have entered into a definitive merger agreement under which AAM will acquire MPG for approximately USD 1.6 billion in cash and stock, plus the assumption of USD 1.7 billion in net debt. The combination integrates highly complementary businesses and forms a global Tier 1 supplier with broad...
<Nov 04, 2016>