[arista]

[Canada's Bombardier has agreed
to sell its Belfast-based
aerospace business to
US-based Spirit AeroSystems
as part of a $1.1bn (£840m) deal.
The business is Northern Ireland's
biggest manufacturer, employing
3,600 people, and was put up
for sale by Bombardier in May.
Its history dates back to the 1930s
when Shorts established its
first factory in Belfast.

The deal will see Kansas-based
Spirit pay $500m (£390m) in cash,
and take on liabilities worth
$590m (£460m), to acquire
aerostructure operations in Northern Ireland,
Morocco and Texas.
Spirit, whose global operations
include a site in Prestwick, Scotland,
makes parts for aeroplane
makers Boeing and Airbus.]

https://news.sky.com/story/bombardie...-deal-11850064


Good a deal was Concluded at last
as its the important parts for our safety
on Planes.