Similar Stories to Boeing To Purchase Spirit Aero In $4.7 Billion All-stock Deal: Report on Bing News

Boeing will buy back Spirit Aero, a manufacturer of parts for its 737 and 787 planes, in a $4.7 billion all-stock deal, per Reuters.PATRICK T. FALLON/Getty ImagesBoeing is buying back Spirit Aero, a manufacturer of parts for its 737 and 787 planes, per Reuters.The $4.7 billion all-stock deal is set to be officially announced Monday, the outlet reported.The deal brings Spirit Aero back into Boeing's fold and should improve the production of its aircraft.Boeing is set to buy back Spirit AeroSystems, a manufacturer of parts for its 737 and 787 planes, in a $4.7 all-stock deal, according to a Sunday report from Reuters.The deal follows months of negotiations between the two aerospace companies and is intended to help address Boeing's ongoing safety crisis, the outlet reported.Boeing's stock has tumbled more than 27% this year following a series of manufacturing issues that have rippled through the aviation industry.

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BING NEWS:
  • Boeing's Big Purchase Of Spirit AeroSystems Is Questionable
    There are concerns about cost savings and revenue growth in Boeing's acquisition of Spirit AeroSystems. Read here for an analysis of the acquisition rationale.
    07/1/2024 - 1:50 pm | View Link
  • Boeing to Acquire Spirit AeroSystems: What to Know
    Boeing will buy Spirit for $4.7 billion in stock as it looks to improve the safety and quality of its airplanes. Here's what you need to know.
    07/1/2024 - 3:53 am | View Link
  • Boeing agrees to buy supplier Spirit Aerosystems for $4.7 billion
    Boeing Co. has agreed to buy parts supplier Spirit Aerosystems Holdings Inc. in an all-stock deal worth more than $4 billion.
    06/30/2024 - 10:48 pm | View Link
  • Boeing is buying Spirit Aero — which makes the door plug that flew off the Alaska Airlines flight — in a $4.7 billion deal
    Boeing is buying back Spirit Aero, a manufacturer of parts for its 737 and 787 planes, per Reuters. The $4.7 billion all-stock deal was announced early Monday morning. The deal brings Spirit Aero back ...
    06/30/2024 - 7:40 pm | View Link
  • 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 ...
    06/30/2024 - 5:11 pm | View Link
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