Spirit AeroSystems Emerges As Front-Runner To Acquire Bombardier's Belfast, Morocco Plants
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MONTREAL/SEATTLE (Reuters) - Spirit AeroSystems Holdings Inc (SPR.N) has emerged as the front-runner to acquire Bombardier Inc's (BBDb.TO) aerostructures facilities in Belfast and Morocco, two sources familiar with the matter told Reuters.
A deal for the plants would be strategic for U.S. aerospace components maker Spirit, which is diversifying its customer base. But an agreement for the plants has not been concluded and talks could break off, said one of the sources, who discussed the private negotiations on condition of anonymity.
Bombardier said in May it would sell off the two aerostructures operations, including a wing-making facility in Belfast, as the Montreal-based company sheds its commercial aviation businesses to focus on more profitable corporate jets and passenger rail cars businesses.
Reuters could not ascertain a value for the deal.
Bombardier and Spirit both declined to comment.
Spirit, which analysts have speculated as a possible buyer for the plants, has said publicly its acquisition criteria includes diversification away from Boeing Co (BA.N).
Other potential suitors named by analysts and in media reports have included Europe's Airbus SE (AIR.PA), Spain's Aernnova and GKN Aerospace.
One of the sources said Airbus is...
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