NYSE:ALSNMachinery
Allison Transmission Buyout Of Dana Unit Reshapes Growth And Valuation Profile
Allison Transmission Holdings (NYSE:ALSN) is acquiring Dana’s Off-Highway business, expanding its reach beyond on-highway applications.
The deal adds exposure to off-highway markets such as construction, agriculture and mining, widening Allison’s addressable customer base.
Investors now have new information to assess Allison’s mix of end markets, revenue sources and integration priorities.
Allison Transmission Holdings, trading at $117.06, has seen its share price rise 18.3% year to date...