Boeing buys aviation firm Spirit Aerosystems for US$4.7b ...Middle East

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Boeing buys aviation firm Spirit Aerosystems for US$4.7b
source : Daily Sun ( Middle East ) () 27
ISTANBUL: US-based Boeing announced on Monday a deal to buy aviation firm Spirit AeroSystems for some US$4.7 billion.Boeing will pay US$37.25 per share of Spirit AeroSystems, with a total transaction worth approximately US$8.3 billion, including the firm’s last reported net debt, Anadolu Agency reported.The acquisition will include substantially all Boeing-related commercial operations, as well as additional commercial, defense, and aftermarket operations, Boeing said in a press release.“As part of the transaction, Boeing will work with Spirit to ensure the continuity of operations supporting Spirit’s customers and programs it acquires, including working with the U.S. Department of Defense a

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