---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-25-007242"
form_type: "8-K"
ticker: "DCH"
cik: "0001062231"
company_name: "Dauch Corp"
filed_at: "2025-01-29T23:59:59+00:00"
generated_at: "2026-05-27T06:25:33.016877+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# AAM to acquire Dowlais Group plc for ~£1.16B; offers 42p cash + 0.0863 shares per Dowlais share

## Summary
- Deal value ~£1.16B; Dowlais holders receive 42p cash + 0.0863 AXL shares per share, plus up to 2.8p dividend.
- Combined company to be Detroit-based; David C. Dauch to remain CEO; two Dowlais directors join 13-member board.
- AAM stockholders expected to own 51%; Dowlais shareholders 49% of combined entity; deal expected by end of 2025.
- Backstop Credit Agreement ($3.23B) and Bridge Facilities ($1.34B) arranged to finance cash consideration and refinance debt.
- Preliminary FY2024 sales $6.10-6.15B, net income $30-35M, adjusted EBITDA $740-750M, adjusted FCF $220-230M.

## SEC filing metadata
- accession: 0001104659-25-007242
- form_type: 8-K
- ticker: DCH
- cik: 0001062231
- company_name: Dauch Corp
- filed_at: 2025-01-29T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 2.02, 2.03, 3.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1062231/000110465925007242/0001104659-25-007242-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1062231/000110465925007242/tm254645d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-007242
- JSON: https://secwatch.observer/filing/0001104659-25-007242.json
- Plain text: https://secwatch.observer/filing/0001104659-25-007242.txt

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