American Axle & Manufacturing Holdings, Inc. $(AAM)$ has announced that its stockholders have approved the proposed combination with Dowlais Group plc. This approval follows a special meeting where all proposals related to the acquisition were accepted. The merger aims to create a leading global driveline and metal forming supplier, enhancing the company's ability to navigate industry changes. The deal is expected to close in the fourth quarter of 2025, pending approval from Dowlais shareholders and other regulatory conditions. The combined entity is projected to generate approximately $12 billion in annual revenues.