India, May 27 -- The Government of India issued the following news release:

The Competition Commission of India has approved the proposed acquisition of 100% shareholding of Dowlais Group plc by American Axle & Manufacturing Holdings, Inc.

The proposed combination entails the acquisition of the entire (100%) issued and to be issued ordinary share capital of, and thereof sole control, of Dowlais Group plc (Proposed Combination).

American Axle & Manufacturing Holdings, Inc. (Acquirer), is a company listed on the New York Stock Exchange and is the ultimate parent entity (UPE) of the AAM group. Globally, the AAM group is engaged in the design, engineering, and manufacture of drive transmission components and metal forming technologies to sup...