Allison Transmission completes $2.7 billion Dana off-highway business acquisition
Allison Transmission completed its acquisition of Dana Incorporated's off-highway drive and motion systems business on January 1, 2026, for a purchase price of $2.732 billion, subject to adjustments. The company amended its credit agreement to increase its revolving credit facility to $1 billion and add a $1.2 billion incremental term loan to help fund the deal, adding substantial new debt for shareholders to weigh against the expanded business.
Key points
- Acquisition completed January 1, 2026; purchase price $2.732 billion, subject to adjustments
- Revolving credit facility increased from $750 million to $1 billion and extended to January 2, 2031
- New $1.2 billion incremental term loan matures January 2, 2033
- Craig M. Price named President and Business Unit Leader of Allison Off-Highway Drive and Motion Systems effective January 1, 2026
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 12:56 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on January 02, 2026.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.