Dana Incorporated and Allison Transmission Holdings, Inc. have received all required regulatory approvals for Allison's acquisition of Dana's Off-Highway business. The companies plan to close the transaction at or near the end of this year, following final customary closing procedures. Dana's CEO, R. Bruce McDonald, noted the transaction marks a significant step in the company's transformation strategy, while Allison's CEO, David S. Graziosi, highlighted that the acquisition will strengthen Allison's position in the global off-highway market.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Allison Transmission Holdings Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: DE28387) on November 19, 2025, and is solely responsible for the information contained therein.
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