Reported about 1 year ago
Boeing has agreed to buy back Spirit AeroSystems for $4.7 billion in stock, with Airbus also involved in a rare transatlantic break-up deal. The acquisition marks the end of Spirit AeroSystems' near-two-decade independence as the world's largest standalone aerostructures company, culminating in a carve-up between Boeing and Airbus. The agreement aims to improve integration of manufacturing and engineering capabilities, with the deal expected to close by mid-2025.
Source: YAHOO