Current:Home > MarketsBoeing announces purchase of Spirit AeroSystems for $4.7 billion in stock -NextWave Wealth Hub
Boeing announces purchase of Spirit AeroSystems for $4.7 billion in stock
View
Date:2025-04-19 05:59:24
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! (147)
Related
- McConnell absent from Senate on Thursday as he recovers from fall in Capitol
- K-pop group The Boyz talk 'Sixth Sense', album trilogy and love for The B
- Review: In concert film ‘Renaissance,’ Beyoncé offers glimpse into personal life during world tour
- O-Town's Ashley Parker Angel Shares Rare Insight Into His Life Outside of the Spotlight
- What do we know about the mysterious drones reported flying over New Jersey?
- Meta warns that China is stepping up its online social media influence operations
- Adelson adding NBA team to resume of casino mogul, GOP power broker, US and Israel newspaper owner
- What is boyfriend air? Why these women say dating changed their appearance.
- Paula Abdul settles lawsuit with former 'So You Think You Can Dance' co
- A Dutch court orders Greenpeace activists to leave deep-sea mining ship in the South Pacific
Ranking
- Could Bill Belichick, Robert Kraft reunite? Maybe in Pro Football Hall of Fame's 2026 class
- Underwater video shows Navy spy plane's tires resting on coral after crashing into Hawaii bay
- Mystery dog illness: What to know about the antibiotic chloramphenicol as a possible cure
- RHOA's Kandi Burruss Teases Season 16 Cast Shakeup—Including the Return of One Former Costar
- Taylor Swift makes surprise visit to Kansas City children’s hospital
- Eyeing 2024, Michigan Democrats expand voter registration and election safeguards in the swing state
- Top world leaders will speak at UN climate summit. Global warming, fossil fuels will be high in mind
- Democrats lose attempt to challenge New Hampshire electoral district maps
Recommendation
Sonya Massey's father decries possible release of former deputy charged with her death
Israel strikes Gaza after truce expires, in clear sign that war has resumed in full force
2 Nevada state troopers struck and killed while helping another driver on Las Vegas freeway
Underwater video shows Navy spy plane's tires resting on coral after crashing into Hawaii bay
Jorge Ramos reveals his final day with 'Noticiero Univision': 'It's been quite a ride'
How Charlie Sheen leveraged sports-gambling habit to reunite with Chuck Lorre on 'Bookie'
Shane MacGowan, irascible frontman of The Pogues, has died at age 65
Shannen Doherty shares update on stage 4 breast cancer: 'I'm not done with life'