American Axle & Manufacturing Holdings, Inc. (NYSE: AXL), relating to the proposed merger with Dowlais Group plc. Under the terms of the agreement, Dowlais shareholders will be entitled to receive, per share of Dowlais’ common stock, 0.0863 shares of new AAM common stock, 42 pence per share in cash and up to a 2.8 pence of Dowlais FY24 final dividend prior to closing.