Sterling was appointed to produce the Scheme Documentation for the recommended Cash and Share Combination of Dowlais Group plc and American Axle & Manufacturing Holdings, Inc
- jamierusted5
- Sep 24
- 1 min read
Sterling was appointed by Slaughter and May and Dowlais Group plc on its recommended cash and share combination with US-listed American Axle & Manufacturing Holdings, Inc., implemented via a court-sanctioned scheme of arrangement. The deal values Dowlais at approximately £1.16 billion, with its shareholders expected to own around 49% of the combined group.
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