Onex to give up voting contol of Spirit AeroSystems in secondary sale
Spirit AeroSystems Holdings Inc (NYSE: SPR) has priced a previously announced secondary offering of 8.2 million common shares at US$32.45 per share. The shares are being offered by Canadian private equity firm Onex Corp and current and former members of management. Following completion of the transaction, Onex will no longer maintain voting control of Spirit AeroSystems, which it acquired in 2005. Based in Wichita, Kansas, the company is a global supplier of large component parts and assemblies for commercial aerostructures. It went public in November 2006.
5 June 2014•3 mins read
