Current:Home > MarketsBoeing announces purchase of Spirit AeroSystems for $4.7 billion in stock -Elevate Capital Network
Boeing announces purchase of Spirit AeroSystems for $4.7 billion in stock
View
Date:2025-04-17 23:00:53
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! (57)
Related
- Jorge Ramos reveals his final day with 'Noticiero Univision': 'It's been quite a ride'
- King Charles III honors K-pop girl group Blackpink during South Korean president’s state visit
- ZLINE expands recall of potentially deadly gas stoves to include replacement or refund option
- A Las Vegas high school grapples with how a feud over stolen items escalated into a fatal beating
- Former Danish minister for Greenland discusses Trump's push to acquire island
- India restores e-visa services for Canadian nationals, easing diplomatic row between the 2 countries
- As New York Officials Push Clean Hydrogen Project, Indigenous Nation Sees a Threat to Its Land
- Maui wildfire survivors camp on the beach to push mayor to convert vacation rentals into housing
- Stamford Road collision sends motorcyclist flying; driver arrested
- Albania’s prime minister calls for more NATO troops in neighboring Kosovo following ethnic violence
Ranking
- Man can't find second winning lottery ticket, sues over $394 million jackpot, lawsuit says
- Why Detroit Lions, Dallas Cowboys always play on Thanksgiving: What to know about football tradition
- 2 charged with operating sex ring that catered to wealthy clients will remain behind bars for now
- Pope Francis meets with relatives of Israeli hostages and Palestinian prisoners
- The Super Bowl could end in a 'three
- Travis Kelce inspires Chipotle to temporarily change its name after old Tweets resurface
- Missouri driver killed in crash involving car fleeing police
- Why Sarah Paulson Credits Matthew Perry for Helping Her Book TV Role
Recommendation
Elon Musk's skyrocketing net worth: He's the first person with over $400 billion
Military scientists identify remains of Indiana soldier who died in German WWII battle
Madison man gets 40 years for killing ex-girlfriend, whose body was found under pile of furniture
Pilot dies after small plane crashes in Plano, Texas shopping center parking lot: Police
Friday the 13th luck? 13 past Mega Millions jackpot wins in December. See top 10 lottery prizes
2 killed, 5 injured in Philadelphia shooting, I-95 reopened after being closed
Cryptocurrency exchange Binance pleads guilty along with CEO to money laundering charges
Here's what will cost you more — and less — for the big Thanksgiving feast