SPR - Boeing Nears Deal To Reacquire Spirit AeroSystems In Wake Of Airbus Negotiations: Report | Benzinga
Boeing Co. (NYSE:BA) is reportedly close to finalizing a deal to reacquire Spirit AeroSystems Holdings Inc. (NYSE:SPR), its former subsidiary, following significant progress in separate negotiations between Spirit and Airbus SE (OTC:EADSY) to divide Spirit’s projects between the two aerospace giants.
Boeing initiated talks earlier this year to buy back Spirit AeroSystems, aiming to stabilize its supply chain after a mid-air blowout on a 737 MAX in January.
While the exact timing remains uncertain, a deal could be reached within days or weeks, reported Reuters.
The negotiations faced challenges due to Spirit’s ongoing work with Airbus. However, Boeing and Airbus have managed ...