Allison transmission announces acquisition of dana's off-highway business, strengthening its global powertrain capabilities

Indianapolis , june 11, 2025 /prnewswire/ -- allison transmission holdings inc. (nyse: alsn) today announced it has entered into a definitive agreement to acquire the off-highway business of dana incorporated, a leading provider of drivetrain and propulsion solutions, for approximately $2.7 billion.  this acquisition aligns with allison's strategic priorities to expand its emerging markets footprint, enhance core technologies and deliver strong financial results.
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