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American Axle & Manufacturing Holdings, Inc. (AAM), (NYSE: AXL) and Dowlais are pleased to announce that the European Commission has unconditionally cleared the Combination. The European Commission's clearance decision was issued on October 1, 2025, meaning that the EU Antitrust Condition has been satisfied.
The Combination has now been cleared (including by way of the expiration of applicable waiting periods and/or confirmation of no further questions), and the related conditions to the Combination satisfied, under antitrust laws in seven of the ten required jurisdictions where antitrust filings were made, namely the USA, India, UK, Korea, Taiwan, Turkey and, now, the EU.
Based on the progress to date, we now expect that the Combination will close in the first quarter of 2026.
Posted In: AXL