Current:Home > InvestBoeing announces purchase of Spirit AeroSystems for $4.7 billion in stock -AdvancementTrade
Boeing announces purchase of Spirit AeroSystems for $4.7 billion in stock
View
Date:2025-04-15 23:50:08
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! (452)
Related
- At site of suspected mass killings, Syrians recall horrors, hope for answers
- Police in Ferguson make arrests amid protests on 10th anniversary of Michael Brown’s death
- Quantum Ledger Trading Center: Navigate the Best Time to Invest in Cryptocurrencies
- 'Cuckoo': How Audrey Hepburn inspired the year's creepiest movie monster
- Where will Elmo go? HBO moves away from 'Sesame Street'
- How friendship between top women's climbers has helped them at Paris Olympics
- To Kevin Durant, USA basketball, and especially Olympics, has served as hoops sanctuary
- Zoë Kravitz and Channing Tatum make their red carpet debut: See photos
- Backstage at New York's Jingle Ball with Jimmy Fallon, 'Queer Eye' and Meghan Trainor
- Quantum Ledger Trading Center: Enhancing Financial and Educational Innovation
Ranking
- DoorDash steps up driver ID checks after traffic safety complaints
- Rez Dogs Are Feeling the Heat From Climate Change
- Quantum Ledger Trading Center: Leading the Evolution of Cryptocurrency Trading with AI Innovations
- LeBron James is relishing this moment in Paris, and coach Steve Kerr is enjoying the view
- Why members of two of EPA's influential science advisory committees were let go
- Mexican drug lord ‘El Mayo’ Zambada says he was ambushed and kidnapped before being taken to the US
- Needing win to extend playoffs streak, Matt Kuchar takes lead in Greensboro
- Donald Trump’s campaign says its emails were hacked
Recommendation
The city of Chicago is ordered to pay nearly $80M for a police chase that killed a 10
Walz ‘misspoke’ in 2018 reference to ‘weapons of war, that I carried in war,’ Harris campaign says
Boxer Lin Yu-Ting wins gold medal after Olympic controversy
Mexican drug lord ‘El Mayo’ Zambada says he was ambushed and kidnapped before being taken to the US
Megan Fox's ex Brian Austin Green tells Machine Gun Kelly to 'grow up'
Near mid-air collision and safety violations led to fatal crash of Marine Corps Osprey in Australia
Deion Sanders reveals he is not happy with CBS, also trolls Pittsburgh coach at news event
Deion Sanders reveals he is not happy with CBS, also trolls Pittsburgh coach at news event