Spirit AeroSystems has announced that it will be acquired by The Boeing Company in a deal valued at $8.3 billion, with an estimated equity value of $4.7 billion. Each share of Spirit common stock will be exchanged for shares of Boeing common stock based on a defined ratio and price collar. Concurrently, Spirit has entered into a term sheet with Airbus for the acquisition of certain Spirit assets that serve Airbus programs. This merger will close upon the completion of regulatory approvals and shareholder agreements expected in mid-2025. Financial advisors for Spirit include Morgan Stanley and Moelis & Company, while legal counsel is provided by Skadden, Arps, Slate, Meagher & Flom LLP.

Aerospace & Defense, Mergers & Acquisitions,United States, Europe

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