China regulator approves American Axle acquisition of Dowlais
American Axle & Manufacturing (US:AXL) Reuters·2026-01-16 07:22Group 1 - The Chinese market regulator has approved American Axle & Manufacturing's acquisition of Dowlais Group, which owns GKN Automotive, indicating a positive regulatory stance towards the deal [1] - The approval suggests that the regulator has thoroughly evaluated the potential impacts of the acquisition on the market [1]