Current:Home > MarketsBoeing announces purchase of Spirit AeroSystems for $4.7 billion in stock -AssetBase
Boeing announces purchase of Spirit AeroSystems for $4.7 billion in stock
View
Date:2025-04-18 22:30:40
ARLINGTON, Va. (AP) — Boeing announced plans to aquire Spirit AeroSystems for $4.7 billion in an all-stock transaction for the manufacturing firm.
Boeing, located in Arlington, Virginia, announced the purchase in a statement late Sunday.
The acquisition’s equity value of $4.7 billion is $37.25 per share, while the total value of the deal is around $8.3 billion, which includes Spirit’s last reported net debt, the aerospace company said.
Spirit, located in Wichita, Kansas, manufactures key parts for Boeing aircraft.
veryGood! (845)
Related
- Highlights from Trump’s interview with Time magazine
- Transform Your Tresses With These Anti-Frizz Products That Work So Well, They're Basically Magic
- Investigators continue search for the hit-and-run boater who killed a 15-year-old girl in Florida
- Kentucky governor to speak out against strict abortion ban in neighboring Tennessee
- A South Texas lawmaker’s 15
- Halle Berry's boyfriend Van Hunt posts NSFW photo of the actress in Mother's Day tribute
- Families suing over 2021 jet fuel leak into Navy drinking water in Hawaii seek $225K to $1.25M
- University of North Carolina to dump 'divisive' DEI, spend funds on public safety
- 'Malcolm in the Middle’ to return with new episodes featuring Frankie Muniz
- Ohio police officer shot and killed after being ambushed by gunman, authorities say
Ranking
- Trump's 'stop
- Grupo Frontera head for North American Jugando A Que No Pasa Nada tour: See dates
- Bryan Olesen surprises with vulnerable Phil Collins cover on 'The Voice': 'We all loved it'
- Honda recalling lawn mowers, pressure washer equipment due to injury risk when starting
- Rolling Loud 2024: Lineup, how to stream the world's largest hip hop music festival
- 'Frightening experience': Armed 16-year-old escorted out of Louisiana church by parishioners
- Bronny James medically cleared by NBA’s Fitness to Play Panel, will attend draft combine
- Travis Barker’s Extravagant Mother’s Day Gift to Kourtney Kardashian Is No Small Thing
Recommendation
In ‘Nickel Boys,’ striving for a new way to see
Miss USA resignations: CW 'evaluating' relationship with pageants ahead of live ceremonies
Bindi Irwin Shares How Daughter Grace Reminds Her of Late Dad Steve Irwin
How is decaf coffee made? Health benefits and concerns, explained
Meet the volunteers risking their lives to deliver Christmas gifts to children in Haiti
Meghan Markle and Prince Harry's Archewell Foundation Declared a Delinquent Charity
Takeaways from AP investigation into police training on the risks of handcuffing someone facedown
Noah Cyrus Shares Message to Mom Tish Amid Family Rift Rumors