Spirit reaches deal with Canada's Bombardier to cut aerostructures unit purchase price
Oct 26 (Reuters) - U.S. aircraft parts maker Spirit AeroSystems SPR.N said on Monday it reached a deal with Bombardier Inc BBDb.TO to reduce the purchase price of the Canadian planemaker's aerostructures unit to $275 million from $500 million.
Spirit had agreed to buy the aerostructures business in 2019 for $1 billion in cash and debt.
The companies expect to close the deal on Oct. 30, Spirit said.
(Reporting by Ankit Ajmera in Bengaluru; Editing by Shinjini Ganguli)