Americas

Boeing to buy back Spirit AeroSystems in $5bn deal

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Boeing to buy back Spirit AeroSystems in $5bn deal

Boeing will reacquire its former subsidiary and current fuselage supplier Spirit AeroSystems. The proposed merger is an all-paper deal with an equity value of around $4.7bn, or $37.25 per share, which represents a 30% premium to Spirit’s closing stock price of $28.60 on February 29, 2024, a day be...

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