---
schema_version: "secwatch.filing_event.v1"
accession: "0000950142-25-001601"
form_type: "8-K"
ticker: "DAN"
cik: "0000026780"
company_name: "DANA Inc"
filed_at: "2025-06-11T23:59:59+00:00"
generated_at: "2026-05-19T14:24:57.876485+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Dana sells off-highway business to Allison for $2.7B; authorizes $1B capital return

## Summary
- Sale price represents 7x expected 2025 adjusted EBITDA; net cash proceeds after tax ~$2.4B.
- Dana plans to repay ~$2B debt to achieve target net leverage of approximately 1x.
- Board authorized $1B capital return program through 2027; $550M at or before deal close.
- Transaction expected to close late Q4 2025, subject to customary regulatory approvals.
- Dana to become streamlined on-highway supplier with focus on light- and commercial-vehicle customers.

## SEC filing metadata
- accession: 0000950142-25-001601
- form_type: 8-K
- ticker: DAN
- cik: 0000026780
- company_name: DANA Inc
- filed_at: 2025-06-11T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/26780/000095014225001601/0000950142-25-001601-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/26780/000095014225001601/eh250640445_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950142-25-001601
- JSON: https://secwatch.observer/filing/0000950142-25-001601.json
- Plain text: https://secwatch.observer/filing/0000950142-25-001601.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.