Current:Home > NewsBoeing announces purchase of Spirit AeroSystems for $4.7 billion in stock -MacroWatch
Boeing announces purchase of Spirit AeroSystems for $4.7 billion in stock
View
Date:2025-04-14 07:02:39
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! (5324)
Related
- Biden administration makes final diplomatic push for stability across a turbulent Mideast
- Siemens Gamesa scraps plans to build blades for offshore wind turbines on Virginia’s coast
- U.S. arm of China mega-lender ICBC hit by ransomware attack
- Things to know about efforts to block people from crossing state lines for abortion
- 'Squid Game' without subtitles? Duolingo, Netflix encourage fans to learn Korean
- Claire Holt Gives Birth, Welcomes Baby No. 3 With Husband Andrew Joblon
- The Taylor Swift reporter can come to the phone right now: Ask him anything on Instagram
- Biden and Xi are to meet next week. There is no detail too small to sweat
- How to watch the 'Blue Bloods' Season 14 finale: Final episode premiere date, cast
- The Excerpt Podcast: Man receives world's first eye transplant
Ranking
- Are Instagram, Facebook and WhatsApp down? Meta says most issues resolved after outages
- The Excerpt Podcast: Man receives world's first eye transplant
- Israeli national team arrives in Kosovo for soccer game under tight security measures
- Are banks open today or on Veterans Day? Is the post office closed? Here's what to know.
- Trump wants to turn the clock on daylight saving time
- AP PHOTOS: Anxiety, grief and despair grip Gaza and Israel on week 5 of the Israel-Hamas war
- Government ministers in Pacific nation of Vanuatu call for parliament’s dissolution, media says
- Chris Christie to visit Israel to meet with families of hostages held by Hamas
Recommendation
Could your smelly farts help science?
5.0 magnitude quake strikes Dominican Republic near border with Haiti
Body of South Dakota native who’s been missing for 30 years identified in Colorado
Lyrics can be used as evidence during Young Thug's trial on gang and racketeering charges
Taylor Swift Eras Archive site launches on singer's 35th birthday. What is it?
How Taylor Swift reporter Bryan West's video cover letter landed him the gig: Watch the video
Sam Bankman-Fried is guilty, and the industry he helped build wants to move on
The 2024 Chevrolet Blazer EV Wins MotorTrend's SUV of the Year