U.S. COMPANY FILING
Allison Transmission Holdings Inc — Form 10-Q filed 2026-05-07
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Allison Transmission completed the acquisition of Dana's Off-Highway business for $2.628 billion, increasing total assets from $6.082B to $8.703B. Q1 net sales rose 84% to $1.406B, but net income fell from $192M to $112M due to acquisition-related costs and higher interest expense. The company issued $1.2B incremental term loan and drew $300M revolver, paid $0.29 dividend per share. Off-Highway contributed $673M revenue but had an operating loss of $21M.
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