Spirit AeroSystems Announces Acquisition by Boeing in $8.3 …
Jul 1, 2024 · Spirit AeroSystems [NYSE: SPR] ("Spirit") today announced it has entered into a definitive merger agreement under which The Boeing Company [NYSE: BA] ("Boeing") will acquire Spirit for $37.25 per share in Boeing common …
Key Boeing supplier Spirit Aero raises doubts over ability to
3 days ago · Spirit AeroSystems, a key supplier to US planemaker Boeing, warned on Tuesday there was “substantial doubt” that the company would be able to continue as a going concern. Last month, Wichita ...
Boeing agrees to buy Spirit AeroSystems as part of plan to shore …
Jul 1, 2024 · Boeing has agreed to buy Spirit AeroSystems, one of its major suppliers and manufacturing partners, as part of its plan to overhaul the aircraft maker’s badly damaged safety reputation.
Boeing to Acquire Spirit AeroSystems
ARLINGTON, Va., July 1, 2024 /PRNewswire/ -- Boeing [NYSE: BA] today announced it has entered into a definitive agreement to acquire Spirit AeroSystems [NYSE: SPR]. The merger is an all-stock transaction at an equity value of approximately $4.7 billion, or $37.25 per share.
Spirit Aero to be broken up as Boeing agrees $4.7 billion stock deal
July 1 (Reuters) - Boeing (BA.N) agreed to buy back Spirit AeroSystems (SPR.N) for $4.7 billion in stock and Airbus moved to take on the supplier's loss-making Europe-focused activities,...
Boeing Is Said to Offer Stock to Buy Spirit, Preserving Cash Amid ...
Jun 25, 2024 · The plane maker is expected to soon strike a deal to acquire most of the operations of Spirit AeroSystems, a troubled supplier that makes the bodies of the 737 Max.
Boeing Agrees to Buy Spirit AeroSystems, a Longtime Supplier
July 1, 2024. Boeing said on Monday that it had agreed to buy a major supplier, Spirit AeroSystems, ending a nearly two-decade experiment in outsourcing production of major components of its...
$4.7 billion deal: Boeing is buying supplier Spirit AeroSystems | AP News
Jul 1, 2024 · Boeing has announced plans to acquire key supplier Spirit AeroSystems for $4.7 billion. It says the move will improve plane quality and safety. Boeing previously owned Spirit, and the purchase would reverse a longtime Boeing strategy …
Boeing-Spirit Aero deal nears close as Airbus talks advance
Jun 21, 2024 · Spirit has faced growing financial pressure and scrutiny alongside Boeing after a door-shaped panel blew out of a 737 MAX jet minutes after takeoff.
Boeing supplier Spirit AeroSystems says there’s ‘substantial doubt ...
Boeing in July said it planned to buy Spirit for $4.7 billion in an all-stock deal. Spirit, when it reported third-quarter results last month , said it remained “on track” to close that deal ...