Boeing agrees to buy Spirit Aero for $4.3 billion – sources – 06/30/2024 at 11:39 p.m.

[ad_1]

((Automated translation by Reuters, please see disclaimer https://bit.ly/rtrsauto))

(Add details)

Boeing BA.N agreed on Sunday to acquire Spirit AeroSystems SPR.N for $37.25 per share, in an all-stock deal that values ​​the supplier at more than $4 billion, according to two sources familiar with the matter. the folder.

The boards of directors of Boeing and Spirit met Sunday and agreed to the terms of the deal, the sources said. An official announcement could take place as early as Monday, they added.

The $37.25 price tag values ​​Spirit Aero at $4.34 billion, according to Reuters calculations, based on Spirit’s outstanding shares.

The deal, which is subject to regulatory approval, would break up Spirit, with some of the Kansas-based supplier’s assets transferred to French planemaker Airbus AIR.PA .

Airbus, Spirit and Boeing declined to comment.

[ad_2]

Source link -86