8-KAcquisitions & DispositionsExhibits & Filings

BOEING CO 8-K Report, Acquisition Completed (Sep 25, 2006)

Filed September 25, 2006For Securities:BABA-PA

Summary

The Boeing Company (BA) announced the completion of its acquisition of Aviall Inc. on September 20, 2006. This strategic move involved purchasing Aviall for $48 per share, totaling $1.7 billion, and assuming $448 million in net debt. Aviall will now operate as a wholly owned subsidiary under Boeing Commercial Aviation Services. This acquisition signifies Boeing's intent to expand its service offerings and integrate Aviall's capabilities within its commercial aviation services segment. Investors should note that this 8-K filing primarily serves to report the consummation of this significant M&A activity. The financial implications, including detailed pro forma financial statements, are typically provided in subsequent filings. However, the immediate impact is an increase in Boeing's asset base and potential for revenue diversification through Aviall's operations in aviation parts distribution and supply chain management.

Key Highlights

  • 1Boeing completed the acquisition of Aviall Inc. on September 20, 2006.
  • 2The purchase price for Aviall was $1.7 billion ($48 per share).
  • 3Boeing also assumed $448 million in Aviall's net debt.
  • 4Aviall will operate as a wholly owned subsidiary of Boeing.
  • 5Aviall will be integrated into Boeing Commercial Aviation Services.
  • 6The filing formally reports the completion of this material event.
  • 7A press release detailing the acquisition is included as an exhibit.

Frequently Asked Questions

The total cost for Boeing was approximately $1.7 billion in cash for the purchase of Aviall, plus the assumption of $448 million in Aviall's net debt.

Aviall will operate as a wholly owned subsidiary under the umbrella of Boeing Commercial Aviation Services.

This acquisition is likely aimed at strengthening Boeing's commercial aviation services segment, potentially expanding its reach in parts distribution, supply chain management, and MRO (Maintenance, Repair, and Overhaul) services, thereby offering a more comprehensive suite of solutions to its customers.

This 8-K filing primarily reports the completion of the acquisition. Detailed financial statements related to the acquisition, such as pro forma financial information, are typically filed in subsequent reports, such as an 8-K/A or within periodic filings like the 10-Q or 10-K.