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The failure to find a third‑party buyer means Airbus will also take over the mid‑fuselage programme along with the A220 wing ...
The Boeing acquisition's equity value of $4.7 billion comes to $37.25 per share, while the total value of the deal is around $8.3 billion, which includes Spirit's last reported net debt, Boeing said.
Boeing will acquire Spirit AeroSystems' Belfast site - save for Airbus A220 work - as part of its planned acquisition of the ...
Boeing 737 Max fuselages manufactured by Spirit AeroSystems in Wichita, Kansas, are transported on a BSNF train heading west over the Bozeman Pass in Montana en route to the Boeing assembly plant ...
Boeing spun off Spirit in 2005. In recent years, quality problems have mounted at Spirit, including fuselage panels that didn't fit together precisely enough and holes that were improperly drilled.
An antitrust review has been opened into the pending purchase of the aerostructures business, with the prospect emerging that Boeing may hold on to a U.K. plant.
Boeing Co. agreed to buy back Spirit AeroSystems Holdings Inc. for $37.25 a share in an all-stock deal that values the supplier at $4.7 billion, unwinding a two-decade separation as the embattled ...
Boeing will reacquire the company in an all-stock deal valuing Spirit at $37.25 per share, or $4.7 billion, with Spirit shareholders receiving between 0.18 and 0.25 Boeing shares for each share of ...
Boeing will be purchasing Spirit AeroSystems for $4.7 billion, or $37.25 per share, as the plane manufacturer looks to address safety issues sparked by a mid-air blowout at the beginning of the year.
On Tuesday morning, Spirit announced that Boeing has committed to paying Spirit up to $350 million in advance payments. The agreement calls for Spirit to produce Boeing products at the rates ...
Boeing's possible takeover of Spirit AeroSystems , along with delaying plans to ramp up production of 737 MAX jets, could help the planemaker manage its supply chain, but the move is no quick fix ...
Britain's competition regulator said on Monday it has started a Phase 1 investigation into Boeing's planned acquisition of Spirit Aerosystems , setting a deadline of August 28 for a decision.