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Airbus expects to finalise Spirit Aero deal this month, CFO says
Spirit AeroSystems Holdings, Inc. Class A SPR | 39.50 | Delist |
AAR CORP. AIR | 83.68 | -0.78% |
GE Aerospace GE | 299.81 | +3.95% |
Dow Jones Industrial Average DJI | 48458.05 | -0.51% |
S&P 500 index SPX | 6827.41 | -1.07% |
April 15 (Reuters) - Airbus AIR.PA expects to finalise an agreement to buy part of the assets of Spirit AeroSystems SPR.N by the end of the April and close the deal by mid-year, "ideally by June 30", Chief Financial Officer Thomas Toepfer told shareholders.
Airbus has been negotiating for around a year to take over work carried out by at least four plants as part of a rare carve-up of the struggling aerostructures company with rival U.S. planemaker Boeing BA.N.
(Reporting by Tim Hepher;
Editing by Alison Williams)
((tim.hepher@thomsonreuters.com; +33 1 49 49 54 52; Reuters Messaging: tim.hepher.thomsonreuters@reuters.net))


