DRB-Hicom to buy Spirit Aerosystems Malaysia in deal valued at US$95.2mil


KUALA LUMPUR: DRB-Hicom Bhd has proposed to acquire the entire equity interest in Spirit Aerosystems Malaysia Sdn Bhd (Spirit MY) for a purchase consideration to be determined based on an enterprise value of US$95.2mil.

In a filing with Bursa Malaysia, the conglomerate said its wholly owned subsidiary, Composites Technology Research Malaysia Sdn Bhd (CTRM), had entered into a conditional share purchase agreement with Spirit AeroSystems Inc and Spirit AeroSystems International Holdings Inc for the proposed acquisition.

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