DANA Inc 8-K

What Happened
DANA Inc (Dana Incorporated) announced it completed the previously disclosed sale of its off‑highway business to Allison Transmission Holdings, Inc. The transaction closed on January 1, 2026, with a purchase price of $2.732 billion in cash, subject to certain customary adjustments. The sale was made under the Stock Purchase Agreement dated June 11, 2025.

Key Details

• Closing Date: January 1, 2026.
• Buyer: Allison Transmission Holdings, Inc.
• Purchase price: $2.732 billion in cash (subject to certain adjustments).
• Dana issued a press release on January 2, 2026 (attached as Exhibit 99.1 to the 8-K); unaudited pro forma financial information reflecting the transaction will be filed by amendment within four business days after the Closing Date.

Why It Matters
This is a material divestiture: Dana has sold a major business unit for a multi‑billion dollar cash consideration, which will change Dana’s business mix and financial profile. Investors should watch the forthcoming pro forma financials to see the transaction’s impact on Dana’s revenue, profit, and balance sheet, and review the previously filed Stock Purchase Agreement (June 11, 2025) for full terms.