Boeing: Airbus Finalizes Deal With Spirit To Take Over Assets, Paving Way For Boeing Acquisition

Airbus SE (OTC:EADSF) has agreed to take over assets owned by Spirit Aerosystems Holdings Inc. (NYSE:SPR) in a boost to the manufacturer's acquisition by Boeing Co. (NYSE:BA). What Happened: Airbus will acquire several of Spirit's assets across the globe as part of the deal, including a facility in Kinston, North Carolina, as well as another facility in France. Both facilities manufacture crucial fuselage sections for Airbus's A350 aircraft, Spirit announced in an official statement on Monday. Others include a facility in Casablanca, Morocco, where the company manufactures A321 and A220 components, as well as parts of facilities in Belfast, Scotland, and Wichita. The deal stipulates ...Full story available on Benzinga.com