Bombardier sells aerostructures business to Spirit AeroSystems

Bombardier announced a definitive agreement to sell its aerostructures business to Spirit AeroSystems for $500 million in cash and the assumption of over $700 million in liabilities. The deal includes facilities in Belfast, Casablanca, and Dallas.

“The Bombardier operations bring world-class engineering expertise to Spirit and add to a strong track record of innovation, especially in advanced composites.”investor.spiritaero.com

• 9 sources
• investor.spiritaero.comSpirit AeroSystems to Acquire Select Assets Of Bombardier Aerostructures and Aftermarket Services Business | Spirit AeroSystemsOct 31, 2019
• airframer.comBombardier announces definitive agreement to sell aerostructures business to Spirit AeroSystems Holding, Inc. | Press release | Airframer | AirframerOct 31, 2019
• globenewswire.comBombardier Announces Definitive Agreement to SellBombardier Inc.Oct 31, 2019
• sec.govSpirit AeroSystems Holdings, Inc. Form 8-K filed October 31, 2019Oct 31, 2019
• qradio.com

Summarized from public sources; check the original articles before acting on it.