![Boeing bid for Spirit AeroSystems values it at US$35 per share](https://cdn.magzter.com/1617717947/1719349011/articles/NArg9-smv1719353520988/BOEING-BID-FOR-SPIRIT-AEROSYSTEMS-VALUES-IT-AT-US35-PER-SHARE.jpg)
Boeing switched its proposed funding from an all-cash offer with the finish line in sight after months of talks between the companies, said the people, who asked not to be identified discussing the confidential matter.
A US$35 per share valuation would represent a premium of about 6 per cent to Spirit’s stock as at June 24’s close. It is also a 22 per cent upside to its closing price on Feb 29, the day before Boeing’s takeover talks became public.
A Boeing representative declined to comment on the decision to move to an all-stock deal, which was earlier reported by The Wall Street Journal.
Esta historia es de la edición June 26, 2024 de The Straits Times.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
Ya eres suscriptor ? Conectar
Esta historia es de la edición June 26, 2024 de The Straits Times.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
Ya eres suscriptor? Conectar
![Seventeen make history as first K-pop act to appear](https://reseuro.magzter.com/100x125/articles/24723/1750355/mE7xz8v1j1719789495613/SEVENTEEN-MAKE-HISTORY-AS-FIRST-KPOP-ACT-TO-APPEAR.jpg)
Seventeen make history as first K-pop act to appear
GLASTONBURY, England - South Korean boy band Seventeen skipped, twisted and gyrated in a high-energy performance Glastonbury's main Pyramid Stage on June 28, making history as the first K-pop group to appear at the iconic music festival in southern England.
![SWISS CAN BOSS BIG TEAMS: YAKIN](https://reseuro.magzter.com/100x125/articles/24723/1750355/1E-gzIqkz1719789358999/SWISS-CAN-BOSS-BIG-TEAMS-YAKIN.jpg)
SWISS CAN BOSS BIG TEAMS: YAKIN
Statement win over Italy shows Switzerland are on right track; Azzurri down but Spalletti stays
![India eye dominance after T20 World Cup triumph](https://reseuro.magzter.com/100x125/articles/24723/1750355/X9wmfjGt11719789262336/INDIA-EYE-DOMINANCE-AFTER-T20-WORLD-CUP-TRIUMPH.jpg)
India eye dominance after T20 World Cup triumph
The era of India's dominance in cricket may have kicked in with their spectacular seven-run triumph in the T20 World Cup on June 29, according to several former players.
![Building a better S'pore together](https://reseuro.magzter.com/100x125/articles/24723/1750355/9fMGhuJuQ1719789171329/BUILDING-A-BETTER-SPORE-TOGETHER.jpg)
Building a better S'pore together
I refer to the article \"Influencers, cause champions, businessmen: The new Friends of the PAP\" (June 22).
![Credit card perks could help spur switch to electric vehicles](https://reseuro.magzter.com/100x125/articles/24723/1750355/2QpnxreO-1719788999332/CREDIT-CARD-PERKS-COULD-HELP-SPUR-SWITCH-TO-ELECTRIC-VEHICLES.jpg)
Credit card perks could help spur switch to electric vehicles
Observers say banks should relook incentives to help promote sustainability
How can I approach job redesign as a way to grow my career?
I was told my job is being redesigned.
![Public service upskilling, adapting: Chan Chun Sing](https://reseuro.magzter.com/100x125/articles/24723/1750355/ryn7k7OSq1719788755815/PUBLIC-SERVICE-UPSKILLING-ADAPTING-CHAN-CHUN-SING.jpg)
Public service upskilling, adapting: Chan Chun Sing
Govt committed to retraining, redeploying its 152,000 officers to keep them relevant
![Over 300 cancer patients have received proton beam therapy](https://reseuro.magzter.com/100x125/articles/24723/1750355/d2GkKayUW1719788630016/OVER-300-CANCER-PATIENTS-HAVE-RECEIVED-PROTON-BEAM-THERAPY.jpg)
Over 300 cancer patients have received proton beam therapy
Treatment targets tumours more precisely, minimising damage to other tissues, organs
![Fighting rages in Gaza City district for fourth day](https://reseuro.magzter.com/100x125/articles/24723/1750355/MINt0hcsx1719788514186/FIGHTING-RAGES-IN-GAZA-CITY-DISTRICT-FOR-FOURTH-DAY.jpg)
Fighting rages in Gaza City district for fourth day
Tens of thousands of Palestinians flee devastated area as Israeli army strikes
![Exam paper leaks in India fuel youth anger over job, education options](https://reseuro.magzter.com/100x125/articles/24723/1750355/iuJ-Xrdeh1719788388123/EXAM-PAPER-LEAKS-IN-INDIA-FUEL-YOUTH-ANGER-OVER-JOB-EDUCATION-OPTIONS.jpg)
Exam paper leaks in India fuel youth anger over job, education options
Integrity of several national exams comes under doubt in recent weeks