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Allison Buys Dana's Off-Highway Unit: Why ALSN Is Worth Holding Now
ZACKS· 2026-01-05 13:45
Key Takeaways ALSN completed a $2.7B acquisition of Dana's Off-Highway unit, forming a $5.5B revenue enterprise.Allison saw defense sales jump 47% in Q3 2025, with 3040MX wins in India and Poland.ALSN raised dividends 8%, added $1B to buybacks, and advanced eGen portfolios globally.Allison Transmission Holdings, Inc. (ALSN) , a global leader in high-performance mobility and work solutions, has completed the acquisition of Dana Inc.’s (DAN) Off-Highway Drive & Motion Systems business for approximately $2.7 b ...