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ALSN to Acquire Dana's Off-Highway Unit, Realize $120M in Synergies
ZACKSยท 2025-06-12 16:01
Key Takeaways Allison to buy Dana's Off-Highway business for $2.7B to broaden its industrial offerings. The Off-Highway unit made up 27% of Dana's 2024 revenues and operates in over 25 countries. ALSN expects $120M in annual synergies and aims to close the cash-and-debt deal by Q4 2025.Allison Transmission Holdings, Inc. (ALSN) has entered into an agreement with Dana Inc. (DAN) to acquire its Off-Highway business for approximately $2.7 billion. The unit to be acquired manufactures mobile drivetrains and m ...
Parker(PH) - 2025 Q3 - Earnings Call Presentation
2025-05-01 11:40
Fiscal 2025 Third Quarter Earnings Presentation May 1, 2025 PARKER HANNIFIN CORPORATION Forward-Looking Statements and Non-GAAP Financial Measures Forward-looking statements contained in this and other written and oral reports are made based on known events and circumstances at the time of release, and as such, are subject in the future to unforeseen uncertainties and risks. Often but not always, these statements may be identified from the use of forward-looking terminology such as "anticipates," "believes, ...