Dana to sell off-highway business to Allison Transmission for $2.732B

DANA Inc

Purchase price of $2.732B, subject to working capital and net debt adjustments.
Closing projected late Q4 2025, pending customary regulatory approvals; no shareholder vote or financing condition.
Termination fee of $120M payable by Allison if deal fails due to regulatory issues.
Dana agrees to five-year non-compete and customary covenants; representations and warranties survive for 30 months.
Proceeds expected to be used to repay debt and return capital to shareholders.

item 1.01item 9.01

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.