DRB-Hicom finalises US$110.62mil Spirit AeroSystems Malaysia buy


KUALA LUMPUR: DRB-Hicom Bhd has finalised the estimated purchase consideration for its planned acquisition of Spirit AeroSystems Malaysia Sdn Bhd, valuing the deal at US$110.62mil (RM454.87mil).

On Aug 11, the group announced its intention to acquire Spirit MY for a price to be determined based on an enterprise value of US$95.2mil.

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