Group 1 - Allison Transmission Holdings, Inc. (ALSN) has agreed to acquire Dana Inc.'s Off-Highway business for approximately $2.7 billion, which manufactures mobile drivetrains and motion systems for heavy-duty vehicles [1][8] - The acquisition will allow Dana to streamline operations and focus on light- and commercial-vehicle supply, aligning with its cost-cutting efforts amid economic pressures [2][4] - Dana's Off-Highway business represented 27% of its total revenues of $10.28 billion in 2024 and operates in over 25 countries with a global customer base [3][8] Group 2 - The integration of expertise from both companies is expected to create new growth opportunities and develop tailored solutions for customers [4] - The transaction is projected to generate annual run-rate synergies of approximately $120 million and is planned to close by the end of Q4 2025, financed through cash and debt [4][8] - ALSN stock has increased by 39.2% over the past year, contrasting with a 5.7% decline in the industry [6]