Current:Home > MarketsBoeing announces purchase of Spirit AeroSystems for $4.7 billion in stock -GrowthInsight
Boeing announces purchase of Spirit AeroSystems for $4.7 billion in stock
View
Date:2025-04-16 07:37:20
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! (1617)
Related
- North Carolina justices rule for restaurants in COVID
- Navalny confirms he's in Arctic penal colony and says he's fine
- 'Color Purple' star Danielle Brooks can't stop talking like Oprah: 'I didn't even notice!'
- Family’s deaths in wealthy Massachusetts town likely related to domestic violence, police say
- Justice Department, Louisville reach deal after probe prompted by Breonna Taylor killing
- Iran executes four people for alleged links with Israel’s Mossad
- Influencer Jackie Miller James' Family Shares Update on Her Recovery 7 Months After Aneurysm Rupture
- Photos of Christmas 2023 around the world
- Appeals court scraps Nasdaq boardroom diversity rules in latest DEI setback
- From glacier babies to a Barbie debate: 7 great global stories you might have missed
Ranking
- US appeals court rejects Nasdaq’s diversity rules for company boards
- Stars who performed for Kennedy Center honorees Queen Latifah, Renée Fleming and more
- Ruby Franke's former business partner Jodi Hildebrandt pleads guilty to child abuse
- Mikaela Shiffrin masters tough course conditions at women’s World Cup GS for career win 92
- California DMV apologizes for license plate that some say mocks Oct. 7 attack on Israel
- Man dies when transport vehicle crashes through ice on Minnesota lake
- Gypsy Rose Blanchard released from Missouri prison early Thursday morning, DOC confirms
- Our 2024 pop culture predictions
Recommendation
Man can't find second winning lottery ticket, sues over $394 million jackpot, lawsuit says
Country star Jon Pardi explains why he 'retired' from drinking: 'I was so unhappy'
AP Week in Pictures: Global | Dec.22-Dec.28, 2023
Bulgaria and Romania overcome Austria’s objections and get partial approval to join Schengen Area
Behind on your annual reading goal? Books under 200 pages to read before 2024 ends
The University of Wisconsin fired Chancellor Joe Gow. He says it's for making porn videos with his wife.
New lawsuit claims Jermaine Jackson sexually assaulted woman, Berry Gordy assisted in 'cover-up'
Stock market today: Stocks edge higher in muted holiday trading on Wall Street