M&A - DANA INC
Form Type: 8-K
Filing Date: 2025-06-11
Corporate Action: Acquisition
Type: New
Accession Number: 000095014225001601
Filing Summary: On June 11, 2025, Dana Incorporated announced a definitive agreement to sell its off-highway business to Allison Transmission Holdings, Inc. Additionally, the board of directors has authorized a $1 billion capital return program through 2027. The announcement included a press release and an investor presentation detailing Dana's full-year guidance and supplemental information about the transaction. These documents were attached to the filing. The report is being 'furnished' and is not considered 'filed' under the Securities Exchange Act.
Additional details:
Off Highway Business Sale: Allison Transmission Holdings, Inc.
Capital Return Program: $1 billion through 2027
Investor Presentation Date: June 12, 2025
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