American Axle plans secondary London listing after buying GKN Automotive-February 2024-www.financetom.com

American Axle plans secondary London listing after buying GKN Automotive

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American Axle plans secondary London listing after buying GKN Automotive

May 26, 2025 9:15 AM

May 16 (Reuters) - Detroit-based American Axle and

Manufacturing ( AXL ) said on Friday it plans to seek a

secondary listing of its shares in London after its $1.4 billion

acquisition of GKN Automotive owner Dowlais ( DWLAF ).

"This will ensure a greater range of both existing and

prospective shareholders are able to access the future value

creation opportunity of the combination," said the company,

which is listed on the New York Stock Exchange.

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