WASHINGTON (Reuters) -Boeing agreed on Sunday to acquire Spirit AeroSystems (NYSE:) for $37.25 per share, in an all-stock deal that values the supplier at more than $4 billion, according to two sources familiar with the matter.
The boards of Boeing (NYSE:) and Spirit met on Sunday and agreed to terms of the deal, the sources said. An official announcement could come as soon as Monday, they said.
The $37.25 deal price values Spirit Aero at $4.34 billion, according to Reuters calculations, based on Spirit’s outstanding shares.
The deal, which is subject to regulatory approvals, would result in the breakup of Spirit, with some of the Kansas-based supplier’s assets going to French planemaker Airbus.
Airbus, Spirit and Boeing declined to comment.
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