Onex to sell more Spirit AeroSystems shares in secondary deal
Spirit AeroSystems Holdings Inc (NYSE: SPR) plans to commence a public secondary offering of around 6.2 million shares of class A common stock. The shares are being offered primarily by Canadian private equity firm Onex Corp and current and former members of management. Onex, which acquired Spirit AeroSystems in 2005, is expected to maintain voting control following completion of the transaction. Based in Wichita, Kansas, the company is a global supplier of large component parts and assemblies for commercial aerostructures. Spirit AeroSystems went public in November 2006.
5 March 2014•3 mins read
