Legal Giants Steer the Cross-Border Megadeal
Legal counsel guiding the transaction includes:
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Allen Overy Shearman Sterling for American Axle
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Slaughter and May and Cravath Swaine & Moore LLP for Dowlais (U.K. and U.S. counsel respectively)
Neither American Axle nor Dowlais has issued public commentary in response to the shareholder vote, but with only regulatory and Dowlais shareholder approvals left on the checklist, the deal now appears more inevitable than speculative.
As the automotive sector hurtles toward electrification and digital transformation, this merger may serve as a blueprint for how legacy firms can scale, diversify, and survive—by merging muscle with momentum.
