Boeing agrees to repurchase Spirit AeroSystems for over $4B in a stock deal, subject to regulatory approvals.
Boeing has reached an accord to repurchase Spirit AeroSystems in a stock deal valued at over $4 billion, according to Reuters. The acquisition is reportedly a stock-for-stock transaction, based on Spirit's current price of $37.25 per share. The deal, which is subject to regulatory approvals, would result in the breakup of Spirit, with some of the Kansas-based supplier's assets going to French planemaker Airbus.
June 30, 2024
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