Dana and Allison Confirm Receipt of All Necessary Regulatory Approvals for Off-Highway Business Deal
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 19 2025
0mins
Should l Buy ALSN?
Source: Newsfilter
Transaction Announcement: Dana Incorporated and Allison Transmission Holdings have received all necessary regulatory approvals for the sale of Dana's Off-Highway business to Allison, with plans to close the transaction by the end of the year.
Strategic Impact: The sale is part of Dana's transformation strategy, allowing the company to return $600 million to shareholders and reduce debt by approximately $2 billion in the following year.
Leadership Statements: Both CEOs expressed optimism about the acquisition, highlighting its alignment with long-term growth strategies and the integration of the Off-Highway Drive and Motion Systems team into Allison.
Company Profiles: Dana is a leader in propulsion and energy-management solutions, while Allison specializes in propulsion solutions for various vehicles, with a significant global presence and a focus on innovation and sustainability.
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Analyst Views on ALSN
Wall Street analysts forecast ALSN stock price to fall
5 Analyst Rating
1 Buy
4 Hold
0 Sell
Hold
Current: 115.750
Low
98.00
Averages
109.40
High
115.00
Current: 115.750
Low
98.00
Averages
109.40
High
115.00
About ALSN
Allison Transmission Holdings, Inc. is a designer and manufacturer of propulsion solutions for commercial and defense vehicles. The Company is also a manufacturer of medium-and heavy-duty fully automatic transmissions. Its products are used in a variety of applications, including on-highway trucks, including distribution, refuse, construction, fire and emergency; buses, including school, transit and coach; motorhomes, off-highway vehicles, and equipment, including energy, mining and construction applications; and defense vehicles, including tactical wheeled and tracked. The Company operates in approximately 150 countries. The Company has manufacturing facilities in the United States, Hungary and India, as well as global engineering resources, including electrification engineering centers in Indianapolis, Indiana, Auburn Hills, Michigan and London in the United Kingdom. The Company also has approximately 1,600 independent distributor and dealer locations worldwide.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Market Announcement Timing: The financial results will be released post-market on February 23, 2026, ensuring that investors receive the latest financial information before the call, thereby enhancing transparency and market responsiveness.
- Participation Details: Investors can join the call by dialing +1-877-425-9470 (domestic) or +1-201-389-0878 (international), providing multiple participation options to cater to diverse investor needs and enhancing communication between the company and its investors.
- Replay Information: For those unable to attend live, a replay will be available from 9:00 p.m. EST on February 23 until 11:59 p.m. EST on March 9, with the replay dial-in number being +1-844-512-2921, ensuring all investors can access the meeting content and further improving information accessibility.
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- Market Announcement Timing: The financial results will be released post-market on February 23, 2026, ensuring that investors receive the latest financial information before the call, thereby enhancing transparency and market responsiveness.
- Participation Details: Investors can join the call by dialing +1-877-425-9470 (domestic) or +1-201-389-0878 (international), providing multiple participation options to cater to diverse investor needs and enhancing communication between the company and its investors.
- Replay Information: For those unable to attend live, a replay will be available from 9:00 p.m. EST on February 23 until 11:59 p.m. EST on March 9, with the replay dial-in number being +1-844-512-2921, ensuring all investors can access the meeting content and further improving information accessibility.
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- Strategic Business Decisions: Companies can enhance their growth and profitability by divesting slower-growing segments.
- Focus on Core Operations: Spinning off less profitable businesses allows firms to concentrate on higher-margin opportunities.
- Market Reactions: Such strategic moves can lead to positive market perceptions and increased investor confidence.
- Long-term Benefits: Ultimately, these decisions can position companies for sustained success and competitive advantage.
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- Share Price Surge: Following robust performance, Dana's shares surged over 10%, reflecting market optimism regarding the company's future growth potential, particularly after the sale of its Off-Highway business.
- Cost-Saving Initiatives: Dana anticipates completing its $325 million cost-reduction program in 2026 while continuing a $1 billion capital return plan, which will further enhance profitability and competitive positioning.
- Long-Term Growth Outlook: The company expects 2026 sales between $7.3 billion and $7.7 billion, surpassing the street consensus of $7.63 billion, with an anticipated $200 million in incremental new business growth from next-generation platforms, indicating sustainable long-term value creation potential.
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Familiar Names Included: Among the stock picks are recognizable brands such as Home Depot, Starbucks, and Nike, indicating a mix of established and emerging investment opportunities.
Biodegradable Innovation: The article hints at a British company that has recently acquired a manufacturer of biodegradable sneaker midsoles, showcasing a trend towards sustainable products in the footwear industry.
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- Market Expansion: This acquisition diversifies Allison's product portfolio and combines industry-leading technologies, which is expected to drive both organic and inorganic growth globally, thereby improving the company's financial performance.
- Leadership Restructuring: The new company will be headquartered in Indianapolis and led by current CEO David Graziosi, ensuring efficient management during the integration process and enhancing market responsiveness to better serve customers.
- Strategic Advisory Support: BofA Securities and KPMG acted as financial and transaction advisors for the deal, while Barclays, Citigroup, and JPMorgan provided financing, reflecting strong market confidence in Allison's future growth prospects.
See More
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- Transaction Completion: Dana has finalized the $2.7 billion sale of its Off-Highway business to Allison Transmission, valued at 7.5 times the expected 2025 adjusted EBITDA, marking a significant milestone in the company's transformation strategy.
- Debt Reduction: The transaction enables Dana to reduce approximately $2 billion in debt, achieving a target net leverage of 1x, thereby enhancing financial stability and improving margins.
- Shareholder Returns: Dana plans to return $1 billion to shareholders by 2027, with about $650 million already returned since the announcement, reflecting the company's commitment to shareholder value enhancement.
- Focus on Core Business: This divestiture allows Dana to concentrate more on the light and commercial vehicle markets with both traditional and electrified systems, reducing complexity and accelerating innovation to enhance competitive positioning.
See More
