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This article explores what the takeover really means, why Airbus is also involved, what workers and experts think, and ...
A UK regulator recently approved the acquisition of Spirit AeroSystems by Boeing. Read the latest analysis on the stock here.
Spirit Aero was once part of Boeing. It was sold to private equity some 20 years ago and sold shares in an initial public ...
Britain's competition regulator said on Friday it has cleared Boeing's planned acquisition of Spirit AeroSystems after ...
Officials said they wouldn’t open an in-depth probe into Boeing’s deal to acquire the fuselage maker, effectively clearing ...
However, the company reported a Q2 net loss of $631 million, down 52% over last year, building on a string of losses to start ...
The UK Competition and Markets Authority said it will not open an in-depth probe into Boeing's deal to acquire Spirit ...
And it could add to Boeing’s debt load, already at $52 billion. Spirit AeroSystems also confirmed the talks, while cautioning that it could not make any promises about closing a deal or its terms.
Boeing confirmed this spring that it is in talks to buy Spirit AeroSystems, which was once a part of the plane-maker before it was spun off.
In the meantime, Spirit management is evaluating strategies to improve its liquidity and support its operations.
Boeing BA 0.33% has agreed to pay Spirit AeroSystems SPR 0.33% up to $350 million in advance to keep producing products for it as the fuselage supplier works through a liquidity crunch.
Spirit AeroSystems makes major parts of several Boeing models, including the fuselages for the 737 Max. The parts are then shipped to Boeing’s factories for assembly.
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