Spirit AeroSystems (SPR) announced a purchase agreement to sell its facility and businesses in Subang, Malaysia to Composites Technology Research Malaysia for $95.2M, subject to customary adjustments. This transaction was entered into following the previously announced merger agreement with Boeing and subsequent definitive agreement with Airbus. The transaction is expected to close in the 4th quarter of 2025, subject to regulatory approvals and closing conditions being met.
TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SPR: