Boeing to buy Spirit Aero in $4.7 bln deal after months of talks
SUMMARY
Boeing announced it will acquire Spirit AeroSystems in a $4.7 billion all-stock deal, valuing the total transaction at $8.3 billion, including debt. Spirit shareholders will receive between 0.18 and 0.25 Boeing shares per Spirit share, translating to approximately $37.25 per share. Spirit's stock closed at $32.87 on Friday. Concurrently, Airbus will take over core operations at four of Spirit's plants across the U.S., Northern Ireland, France, and Morocco, receiving $559 million in compensation from Spirit and paying $1 for the assets. The Boeing-Spirit deal is expected to close by mid-2025.
