Boeing announces agreement to buy Spirit Aero, Airbus to take over factories

Market Closed –

Nyse

22:00:02 28/06/2024

Pre-opening

15:13:23

182
^USD

-0,27 %

180,6

-0,76 %

July 1, 2024 at 06:20

July 1 (Reuters) – Boeing said on Monday it would buy Spirit AeroSystems for $4.7 billion in an entirely equity-financed transaction that comes after months of negotiations between the aircraft manufacturer and one of its key suppliers.

In parallel with Boeing’s statement, Airbus said it had reached an agreement with Spirit AeroSystems to take over some factories. (Mike Stone and David Shepardson in Washington; French version by Jean Terzian)

Blackrock: Boeing, Meta…the stocks to watch today on Wall Street	14:55	TO THE
Local councillors concerned over Belfast Spirit plant deal	14:53	RE
BOEING CO: RBC still positive	14:31	ZD
Futures rise before the bell as traders wait for new labor market data; Asia and Europe are improving	14:25	MT
Boeing: buys Spirit AeroSystems for $4.7 billion	14:24	TO THE
Wallstreetbets Stocks Mixed Ahead of Market; Tesla Gains, Nvidia Declines	14:21	MT
Spirit AeroSystems Holdings Agrees to Sell Certain Assets to Airbus	14:20	MT
Boeing reaches deal to buy Spirit AeroSystems for $8.3 billion	14:14	MT
BOEING CO: Jefferies maintains a buy rating	14:05	ZD
Boeing to face criminal charges in deadly crashes, Justice Department seeks guilty plea	14:04	MT
Boeing resumes deliveries of wide-body aircraft to China: Reuters	14:03	MT
Point markets-Wall Street seen on the rise, Europe relieved after the first round of legislative elections in France	14:00	RE
Futures advance as focus shifts to jobs data	12:31	RE
Boeing reintegrates Spirit AeroSystems, part taken over by Airbus	12:10	AW
Airbus: The value of the day in Paris – Airbus buys part of the activities of Spirit AeroSystems	11:45	TO THE
Boeing to Acquire Spirit AeroSystems for $8.3 Billion	09:30	MT
Boeing: agreement to acquire Spirit AeroSystems	09:20	CF
Direct from the Markets: Thales, Airbus, Sanofi, Stellantis, Atos, Valneva, Boeing…	08:24
New semester, new mindset	08:12
Airbus to acquire some of Spirit Aerosystems’ activities	07:50	AW
Boeing confirms acquisition of Spirit Aerosystems	07:49	AW
Boeing buys Spirit AeroSystems for $4.7 billion, Airbus negotiates certain activities	07:02	DJ
USA: Justice Department to Offer Boeing Guilty Plea	06:32	AW
Press: Boeing could buy Spirit for $4 billion	06:32	AW
Boeing resumes aircraft deliveries to China	06:30	RE

Duration Auto. 2 months 3 months 6 months 9 months 1 an 2 ans 5 ans 10 ans Max.

Period Jour Week

More graphics

The Boeing Company is the world’s leading aircraft manufacturer. Turnover (before intra-group eliminations) by market is broken down as follows: – commercial aviation (43.5%). In addition, the group supplies spare parts and offers technical support, maintenance and engineering services; – defence, space and security (32%): military aircraft and mobility systems (warplanes, helicopters and defense missiles), support services (logistics, engineering, maintenance and training services) and space equipment ( satellites, launch pads, etc.). The balance of turnover (24.5%) concerns the provision of services (logistics and supply chain management services, engineering, maintenance and modification, upgrades, training, etc.), and commercial and private aircraft financing and aeronautical equipment leasing activities. The geographical distribution of turnover is as follows: United States (58.4%), Europe (13.5%), Asia (12.9%), Middle East (8.5%), Oceania (2.1% ), Canada (1.6%), Africa (1.1%) and others (1.9%).

More information about the company

Sale

Purchase

Average recommendation

ACCUMULATE

Last Closing Price

182
USD

Average Course Target

218,1
USD

Deviation / Average Target

+19,82 %

Consensus