---
schema_version: "secwatch.filing_event.v1"
accession: "0000950142-25-001612"
form_type: "8-K"
ticker: "DAN"
cik: "0000026780"
company_name: "DANA Inc"
filed_at: "2025-06-13T23:59:59+00:00"
generated_at: "2026-05-19T09:26:22.580637+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0000950142-25-001612
- form_type: 8-K
- ticker: DAN
- cik: 0000026780
- company_name: DANA Inc
- filed_at: 2025-06-13T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/26780/000095014225001612/0000950142-25-001612-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/26780/000095014225001612/eh250641213_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950142-25-001612
- JSON: https://secwatch.observer/filing/0000950142-25-001612.json
- Plain text: https://secwatch.observer/filing/0000950142-25-001612.txt

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