Boeing announces purchase of Spirit AeroSystems for $4.7 billion in stock

Boeing announces purchase of Spirit AeroSystems for $4.7 billion in stock - Qoneqt

Anu T S in India

Boeing announces purchase of Spirit AeroSystems for $4.7 billion in stock

Boeing plans to acquire Spirit AeroSystems for $4.7 billion in an all-stock deal, valuing the transaction at around $8.3 billion including Spirits net debt. Announced on Sunday, the acquisition values Spirit shares at $37.25 each. Spirit, based in Wichita, Kansas, produces key components for Boeing aircraft.

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