Boeing to buy Spirit Aero in $4.7 billion deal after months of talks

- Boeing said on Monday it would buy its struggling supplier Spirit AeroSystems in a $4.7 billion all-stock deal which was finalized after months of talks, as the aerospace giant tries to solve a full-blown safety and regulatory crisis that has engulfed its key supplier as well.

Airbus and Spirit have also entered into a binding term sheet under which Airbus will acquire certain commercial work packages that Spirit performs for Airbus concurrently with the closing of the Boeing-Spirit merger, it added. Melius Research projects Nvidia will generate $270 billion in cash over the next three years, potentially setting the stage for huge shareholder returns.In addition to their track record of yielding solid returns in the long run, the strong fundamentals of these two Canadian Stocks make them attractive buy-and-hold forever stocks for TFSA investors. The post 2 Canadian Stocks to Buy and Hold Forever in Your TFSA appeared first on The Motley Fool Canada.

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Boeing-Spirit Aero Deal Nears Close as Airbus Unit Talks AdvanceAirbus SE is edging closer to an agreement with Spirit AeroSystems Holdings Inc. to take over parts of the aerospace supplier’s business, paving the way for an acquisition of the bulk of the company by arch-rival Boeing Co. as early as next week.
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Exclusive-Boeing nearing deal with supplier Spirit Aero after months of talks, sources sayBoeing is nearing a deal to buy back Spirit AeroSystems after its former subsidiary made substantial progress in separate talks with Airbus over a...
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Boeing offers to acquire Spirit Aero for $35 per share: BBGBoeing (BA) has made an all-cash offer to acquire Spirit AeroSystems (SPR) for $35 per share, according to Bloomberg reports. Spirit originally spun off from...
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Boeing offers to buy 737 supplier Spirit Aero for $35/shr, Bloomberg News reportsThis offer represents a premium of nearly 6% over Spirit's stock closing price of $33.07 on Monday and a 22.4% upside to its closing price on Feb. 29, the...
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Boeing Bid for Spirit Aero Values 737 Supplier at $35 Per ShareBoeing Co. has offered to acquire Spirit AeroSystems Holdings Inc. in a deal funded mostly by stock that values the key supplier at about $35 per share, according to people familiar with the matter.
Source: BNNBloomberg - 🏆 83. / 50 Read more »

Boeing agrees to buy Spirit Aero for US$4.7-billionBoeing decided to buy back Spirit after Jan. 5 accident where door plug blew out mid-flight
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