{"id":911434,"date":"2025-11-19T06:53:21","date_gmt":"2025-11-19T11:53:21","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/dana-and-allison-announce-all-required-regulatory-approvals-received-for-off-highway-business-transaction\/"},"modified":"2025-11-19T06:53:21","modified_gmt":"2025-11-19T11:53:21","slug":"dana-and-allison-announce-all-required-regulatory-approvals-received-for-off-highway-business-transaction","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/dana-and-allison-announce-all-required-regulatory-approvals-received-for-off-highway-business-transaction\/","title":{"rendered":"Dana and Allison Announce All Required Regulatory Approvals Received for Off-Highway Business Transaction"},"content":{"rendered":"
\n

PR Newswire<\/p>\n<\/p><\/div>\n

\n

\n
\n MAUMEE, Ohio<\/span> and INDIANAPOLIS<\/span><\/span>, Nov. 19, 2025<\/span><\/span> \/PRNewswire\/ — Dana Incorporated (NYSE: DAN) and Allison Transmission Holdings, Inc. (NYSE: ALSN) today announced that all required regulatory approvals related to the previously announced sale of Dana’s<\/span> Off-Highway business to Allison have been received. The parties intend to close the transaction at\u00a0or near the end of this year.<\/p>\n

\n

\n
\n \"Dana
\n <\/a>\n <\/p>\n<\/p><\/div>\n

“This milestone marks a significant step forward in our transformation strategy,” said R. Bruce McDonald<\/span>, Chairman and Chief Executive Officer of Dana<\/span>. “Finalizing this transaction with Allison, a company well-positioned to continue the success of our Off-Highway business, has enabled us to return $600 million<\/span> to shareholders this year and positions us to reduce debt by approximately $2 billion<\/span> next year.”<\/p>\n

\n David S. Graziosi<\/span>, Chairman and Chief Executive Officer of Allison Transmission, added, “We look forward to welcoming the Off-Highway Drive and Motion Systems team and integrating their capabilities into the organization. This acquisition aligns with our long-term growth strategy and strengthens our position in the global off-highway market.”<\/p>\n

The transaction is targeted to close at or near the end of this year, subject to final customary closing procedures.<\/p>\n

\n About Dana Incorporated<\/b>
\n
\n Dana<\/span> is a leader in the design and manufacture of highly efficient propulsion and energy-management solutions that power vehicles and machines in all mobility markets across the globe. The company is shaping sustainable progress through its conventional and clean-energy solutions that support nearly every vehicle manufacturer with drive and motion systems; electrodynamic technologies, including software and controls; and thermal, sealing, and digital solutions.<\/p>\n

Based in Maumee, Ohio<\/span>, USA, the company reported sales of approximately $7.7 billion<\/span> in 2024 with 28,000 people in 26 countries across six continents. With a history dating to 1904, Dana<\/span> was named among the “World’s Most Ethical Companies” for 2025 by Ethisphere and as one of “America’s Most Responsible Companies 2025” by Newsweek<\/i>. The company is driven by a high-performance culture that focuses on valuing others, inspiring innovation, growing responsibly, and winning together, earning it global recognition as a top employer. Learn more at\u00a0dana.com.<\/p>\n

\n About Allison Transmission Holdings, Inc.<\/b>
\n
Allison Transmission\u00a0(NYSE:\u00a0ALSN) is a leading designer and manufacturer of propulsion solutions for commercial and defense vehicles and the largest global manufacturer of medium- and heavy-duty fully automatic transmissions that\u00a0Improve the Way the World Works. Allison products are used in a wide variety of applications, including on-highway vehicles (distribution, refuse, construction, fire and emergency), buses (school, transit and coach),\u00a0motorhomes, off-highway vehicles and equipment (energy, mining, construction and agriculture) and defense vehicles (tactical wheeled and tracked). Founded in 1915, the company is headquartered in Indianapolis, Indiana<\/span>, USA. With a presence in more than 150 countries, Allison has regional headquarters in the Netherlands<\/span>, China<\/span> and Brazil<\/span>, manufacturing facilities in the USA<\/span>, Hungary<\/span> and India<\/span>, as well as global engineering resources, including electrification engineering centers in Indianapolis, Indiana<\/span>, Auburn Hills, Michigan<\/span> and London<\/span> in the United Kingdom<\/span>. Allison also has more than 1,600 independent distributor and dealer locations worldwide. For more information, visit https:\/\/allisontransmission.com<\/a>.<\/p>\n

\u00a0<\/p>\n

\n \"Cision\" View original content to download multimedia:https:\/\/www.prnewswire.com\/news-releases\/dana-and-allison-announce-all-required-regulatory-approvals-received-for-off-highway-business-transaction-302619900.html<\/a><\/p>\n

SOURCE Dana Incorporated<\/p>\n<\/p><\/div>\n

\"\"<\/p>\n","protected":false},"excerpt":{"rendered":"

PR Newswire MAUMEE, Ohio and INDIANAPOLIS, Nov. 19, 2025 \/PRNewswire\/ — Dana Incorporated (NYSE: DAN) and Allison Transmission Holdings, Inc. (NYSE: ALSN) today announced that all required regulatory approvals related to the previously announced sale of Dana’s Off-Highway business to Allison have been received. The parties intend to close the transaction at\u00a0or near the end of this year. “This milestone marks a significant step forward in our transformation strategy,” said R. Bruce McDonald, Chairman and Chief Executive Officer of Dana. “Finalizing this transaction with Allison, a company well-positioned to continue the success of our Off-Highway business, has enabled us to return $600 million to shareholders this year and positions us to reduce debt by approximately $2 billion next year.” David … <\/p>\n

Continue reading “Dana and Allison Announce All Required Regulatory Approvals Received for Off-Highway Business Transaction”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-911434","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nDana and Allison Announce All Required Regulatory Approvals Received for Off-Highway Business Transaction - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/dana-and-allison-announce-all-required-regulatory-approvals-received-for-off-highway-business-transaction\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Dana and Allison Announce All Required Regulatory Approvals Received for Off-Highway Business Transaction - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire MAUMEE, Ohio and INDIANAPOLIS, Nov. 19, 2025 \/PRNewswire\/ — Dana Incorporated (NYSE: DAN) and Allison Transmission Holdings, Inc. (NYSE: ALSN) today announced that all required regulatory approvals related to the previously announced sale of Dana’s Off-Highway business to Allison have been received. The parties intend to close the transaction at\u00a0or near the end of this year. “This milestone marks a significant step forward in our transformation strategy,” said R. Bruce McDonald, Chairman and Chief Executive Officer of Dana. “Finalizing this transaction with Allison, a company well-positioned to continue the success of our Off-Highway business, has enabled us to return $600 million to shareholders this year and positions us to reduce debt by approximately $2 billion next year.” David … Continue reading "Dana and Allison Announce All Required Regulatory Approvals Received for Off-Highway Business Transaction"\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/dana-and-allison-announce-all-required-regulatory-approvals-received-for-off-highway-business-transaction\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2025-11-19T11:53:21+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mma.prnewswire.com\/media\/460745\/dana_incorporated_logo_Logo.jpg\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/dana-and-allison-announce-all-required-regulatory-approvals-received-for-off-highway-business-transaction\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/dana-and-allison-announce-all-required-regulatory-approvals-received-for-off-highway-business-transaction\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Dana and Allison Announce All Required Regulatory Approvals Received for Off-Highway Business Transaction\",\"datePublished\":\"2025-11-19T11:53:21+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/dana-and-allison-announce-all-required-regulatory-approvals-received-for-off-highway-business-transaction\\\/\"},\"wordCount\":517,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/dana-and-allison-announce-all-required-regulatory-approvals-received-for-off-highway-business-transaction\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/mma.prnewswire.com\\\/media\\\/460745\\\/dana_incorporated_logo_Logo.jpg\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/dana-and-allison-announce-all-required-regulatory-approvals-received-for-off-highway-business-transaction\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/dana-and-allison-announce-all-required-regulatory-approvals-received-for-off-highway-business-transaction\\\/\",\"name\":\"Dana and Allison Announce All Required Regulatory Approvals Received for Off-Highway Business Transaction - 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