Boeing annonce l’acquisition de Spirit AeroSystems
- Cette décision confirme l’engagement de Boeing en faveur de la sécurité aérienne, ainsi que de l’amélioration de la qualité des produits de la division Boeing Aviation Commerciale.
- L’acquisition s’appuie sur les capacités d’ingénierie et de fabrication de Boeing.
- Elle maintient la continuité des programmes clés de sécurité nationale et de défense des États-Unis.
- L’acquisition contribuera à la stabilité de la chaîne d’approvisionnement et au maintien de la main-d’œuvre de fabrication critique.
- Elle apporte une valeur ajoutée à long terme aux actionnaires, aux employés et aux clients des produits commerciaux et de défense de Boeing.
ARLINGTON, État de Virginie, le 1er juillet 2024 — Boeing [NYSE : BA] annonce ce jour la signature d’un accord définitif portant sur l’acquisition de Spirit AeroSystems [NYSE : SPR]. Cette fusion intervient dans le cadre d’une transaction entièrement en actions d’une valeur en fonds propres (equity value) d’environ 4,7 milliards de dollars, soit 37,25 dollars par action. La valeur totale de la transaction est d’environ 8,3 milliards de dollars, y compris la dernière dette nette publiée par Spirit.
Chaque action ordinaire de Spirit sera convertie en un nombre d’actions ordinaires de Boeing égal à un rapport d’échange compris entre 0,18 et 0,25, calculé comme suit : 37,25 dollars divisés par le prix moyen pondéré en volume des actions Boeing sur la période de 15 jours de cotation se terminant le deuxième jour de cotation précédant la clôture (sous réserve d’une valeur plancher de 149,00 dollars par action et d’une valeur plafond de 206,94 dollars par action). Les actionnaires de Spirit recevront 0,25 action Boeing par action Spirit si le prix moyen pondéré en volume est inférieur ou égal à 149,00 dollars, et 0,18 action Boeing par action Spirit si le prix moyen pondéré en volume est supérieur ou égal à 206,94 dollars.
« Nous avons la conviction que cette opération s’inscrit dans le meilleur intérêt des usagers du transport aérien, de nos compagnies clientes, des employés de Spirit et de Boeing, de nos actionnaires et de notre pays au sens large », a déclaré Dave Calhoun, président-directeur général de Boeing. « En réintégrant Spirit, nous pourrons aligner entièrement nos systèmes de production d’avions commerciaux — y compris nos systèmes de gestion de la sécurité et de la qualité — et nos équipes sur les mêmes priorités, les mêmes incitations et les mêmes résultats en mettant l’accent sur la sécurité et la qualité. »
L’acquisition de Spirit par Boeing porte sur la quasi-totalité des activités commerciales liées à Boeing, ainsi que d’autres activités commerciales, de défense et d’après-vente. Dans le cadre de cette transaction, le Groupe collaborera avec Spirit en vue d’assurer la continuité des opérations en appui des clients de Spirit et des programmes dont il fait l’acquisition, notamment en travaillant avec le ministère américain de la Défense (DoD) et les clients militaires de Spirit dans les domaines de la défense et de la sécurité.
« Nous sommes fiers du rôle joué par Boeing en soutien des hommes et des femmes qui portent l’uniforme, et prenons l’engagement d’assurer la continuité des programmes de défense de Spirit », a ajouté Dave Calhoun.
Parallèlement à la clôture de la fusion Boeing-Spirit, Airbus SE et Spirit ont conclu un accord contraignant aux termes duquel l’avionneur européen acquerra, sous réserve d’un accord définitif conclu par les parties et de l’obtention des autorisations règlementaires requises, certaines activités commerciales réalisées par Spirit pour le compte d’Airbus. De plus, Spirit propose de céder certaines de ses activités, notamment à Belfast en Irlande du Nord (activités non liées à Airbus), à Prestwick (Écosse) et à Subang (Malaisie). La transaction qui devrait être finalisée à la mi-2025 est soumise à la vente des activités de Spirit liées à certaines activités commerciales pour Airbus et au respect des conditions de clôture habituelles, notamment l’approbation des autorités de règlementation et des actionnaires de Spirit.
PJT Partners agit en tant que conseiller financier principal de Boeing, Goldman Sachs & Co, LLC et Consello intervenant en tant que conseillers supplémentaires. Sullivan & Cromwell LLP agit en tant que conseiller extérieur de Boeing.
Pour de plus amples informations, visitez la rubrique Events and Presentations du site www.boeing.com/investors.
À propos de Boeing
Groupe aéronautique mondial de premier plan, Boeing assure le développement, la construction et la prestation de services pour sa gamme d’avions commerciaux, de produits de défense et de systèmes spatiaux auprès de clients présents dans plus de 150 pays. Le Groupe compte parmi les tout premiers exportateurs américains et s’appuie sur les compétences d’un réseau international de fournisseurs pour saisir de nouvelles opportunités économiques, accélérer le développement durable et optimiser sa présence au sein des communautés. Forte de sa diversité, l’équipe de Boeing s’engage à innover pour l’avenir, à affirmer son leadership dans le domaine du développement durable et à incarner une culture reposant sur les valeurs fondamentales du Groupe en matière de sécurité, de qualité et d’intégrité. Pour de plus amples informations : www.boeing.fr.
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Cautionary Statement Regarding Forward-Looking Statements
This press release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act, Section 21E of the Exchange Act, and the Private Securities Litigation Reform Act of 1995, each as amended. Words such as "expects," "believes," "may," "should," "will," "intends," "projects," "plans," "estimates," "targets," "anticipates," and other similar words or expressions, or the negative thereof, generally can be used to help identify these forward-looking statements. Examples of forward-looking statements include statements relating to the anticipated benefits and synergies of the acquisition, the timetable for completing the acquisition, and the impact of the acquisition on our business and future financial condition and operating results, as well as any other statement that does not directly relate to any historical or current fact. Forward-looking statements are based on expectations and assumptions that we believe to be reasonable when made, but that may not prove to be accurate. These statements are not guarantees and are subject to risks, uncertainties, and changes in circumstances that are difficult to predict. Many factors could cause actual results to differ materially and adversely from these forward-looking statements. Among these factors are risks related to: the timely satisfaction of the conditions to the consummation of the proposed transaction, including approval of the Spirit stockholders; realizing the anticipated benefits of the acquisition (including anticipated synergies and quality improvements) in the expected timeframe or at all; the successful integration of Spirit into our business and operations; the occurrence of any event, change, or other circumstance that could give rise to the right of one or both of the parties to terminate the merger agreement; the ability of Spirit to enter into definitive agreements with Airbus SE, and consummate the related transactions, for the disposition of Spirit operations related to certain Airbus commercial work packages; reputational risk and potential adverse reactions of our or Spirit's customers, regulators, employees or business partners, including those resulting from the announcement or completion of the proposed transaction; the possibility that the proposed transaction may be more expensive to complete than anticipated, including as a result of unexpected factors or events; the diversion of management's attention and time from ongoing business operations and opportunities on acquisition-related matters; legal, regulatory, tax and economic developments affecting Boeing, Spirit and our respective businesses; the ability of Boeing and Spirit to obtain the necessary regulatory approvals or to satisfy any of the other conditions to the proposed combination in a timely manner or at all; general conditions in the economy and our industry, including those due to regulatory changes; our reliance on our commercial airline customers; the overall health of our aircraft production system, production quality issues, commercial airplane production rates, our ability to successfully develop and certify new aircraft or new derivative aircraft, and the ability of our aircraft to meet stringent performance and reliability standards; changing budget and appropriation levels and acquisition priorities of the U.S. government, as well as significant delays in U.S. government appropriations; our dependence on subcontractors and suppliers, as well as the availability of highly skilled labor and raw materials; work stoppages or other labor disruptions; competition within our markets; our non-U.S. operations and sales to non-U.S. customers; changes in accounting estimates; realizing the anticipated benefits of other mergers, acquisitions, joint ventures/strategic alliances or divestitures; our dependence on U.S. government contracts; our reliance on fixed-price contracts; our reliance on cost-type contracts; contracts that include in-orbit incentive payments; unauthorized access to our, our customers' and/or our suppliers' information and systems; potential business disruptions, including threats to physical security or our information technology systems, extreme weather (including effects of climate change) or other acts of nature, and pandemics or other public health crises; potential adverse developments in new or pending litigation and/or government inquiries or investigations; potential environmental liabilities; effects of climate change and legal, regulatory or market responses to such change; credit rating agency actions and changes in our ability to obtain debt financing on commercially reasonable terms, at competitive rates and in sufficient amounts; substantial pension and other postretirement benefit obligations; the adequacy of our insurance coverage; and customer and aircraft concentration in our customer financing portfolio.
Additional information concerning these and other factors can be found in our and Spirit's filings with the SEC, including our and Spirit's most recent Annual Reports on Form 10-K, Quarterly Reports on Form 10-Q and Current Reports on Form 8-K. Any forward-looking statement speaks only as of the date on which it is made, and we assume no obligation to update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise, except as required by law.
Additional Information and Where to Find It
Boeing will file with the U.S. Securities and Exchange Commission (SEC) a registration statement on Form S-4, which will include a proxy statement of Spirit that also constitutes a prospectus of Boeing, and any other documents in connection with the transaction. The definitive proxy statement/prospectus will be sent to the holders of common stock of Spirit. INVESTORS AND SHAREHOLDERS OF SPIRIT AND BOEING ARE URGED TO READ THE PROXY STATEMENT/PROSPECTUS AND ANY OTHER DOCUMENTS FILED OR TO BE FILED WITH THE SEC IN CONNECTION WITH THE TRANSACTION WHEN THEY BECOME AVAILABLE, AS THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT BOEING, SPIRIT, THE TRANSACTION AND RELATED MATTERS. The registration statement and proxy statement/prospectus and other documents filed by Boeing or Spirit with the SEC, when filed, will be available free of charge at the SEC's website at www.sec.gov. Alternatively, investors and stockholders may obtain free copies of documents that are filed or will be filed with the SEC by Boeing, including the registration statement and the proxy statement/prospectus, on Boeing's website at www.boeing.com/investors, and may obtain free copies of documents that are filed or will be filed with the SEC by Spirit, including the proxy statement/prospectus, on Spirit's website at https://investor.spiritaero.com/corporate-profile/default.aspx. The information included on, or accessible through, Boeing's or Spirit's website is not incorporated by reference into this press release.
No Offer or Solicitation
This press release is not intended to and shall not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to appropriate registration or qualification under the securities laws of such jurisdiction. No offering of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act of 1933, as amended.
Participants in the Solicitation
Boeing and certain of its directors, executive officers and other employees, and Spirit and its directors and certain of Spirit's, executive officers and other employees, may be deemed to be participants in the solicitation of proxies from Spirit's stockholders in connection with the proposed transaction. A description of participants' direct or indirect interests, by security holdings or otherwise, will be included in the proxy statement/prospectus relating to the proposed transaction when it is filed with the SEC. Information regarding Boeing's directors and executive officers is contained in the "Proxy Summary – Leadership Changes," "Election of Directors (Item 1)," "Corporate Governance," "Compensation Discussion and Analysis," "Compensation of Executive Officers" and "Stock Ownership Information" sections of the definitive proxy statement for Boeing's 2024 annual meeting of shareholders, filed with the SEC on April 5, 2024, in Item 10 of Boeing's Annual Report on Form 10-K for the fiscal year ended December 31, 2023, filed with the SEC on January 31, 2024, in Boeing's Current Reports on Form 8-K filed with the SEC on December 11, 2023, March 25, 2024, and May 17, 2024, and in Boeing's February 22, 2024 press release, available on Boeing's investor relations website at www.boeing.com/investors, relating to the appointment of a new Chief Human Resources Officer. Information regarding Spirit's directors and executive officers is contained in the "Proposal 1 – Election of Directors," "Corporate Governance," "Director Compensation," "Stock Ownership" and "Compensation Discussion and Analysis" sections of Spirit's definitive proxy statement for its 2024 annual meeting of stockholders, filed with the SEC on March 12, 2024, under the heading "Executive Officers of the Registrant" in Part I of Spirit's Annual Report on Form 10-K for the fiscal year ended December 31, 2023, filed with the SEC on February 22, 2024, in Item 5.07 of Spirit's Current Report on Form 8-K filed with the SEC on April 29, 2024, and in Spirit's Current Report on Form 8-K filed with the SEC on June 5, 2024. Additional information regarding ownership of Boeing's securities by its directors and executive officers and of Spirit's securities by its directors and executive officers is included in such persons' SEC filings on Forms 3 and 4. These documents and the other SEC filings described in this paragraph may be obtained free of charge as described above under the heading "Additional Information and Where to Find It."