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AAM to sell U.S. iron casting operations to Gamut Capital Management for USD 245 million
American Axle & Manufacturing (AAM) announced that it has entered into a definitive agreement to sell its U.S. iron casting operations, Grede, to funds managed by Gamut Capital Management for an aggregate purchase price of USD 245 million. The transaction is expected to close in the fourth quarter of 2019. Across 10 ....
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