Boeing bid for Spirit Aero values 737 supplier at $35/shr, Bloomberg News reports By Reuters

(Reuters) -Boeing has offered to acquire Spirit AeroSystems (NYSE:) Holdings Inc in a deal funded mostly by stock that values the key supplier at about $35 per share, Bloomberg News reported on Monday, citing people familiar with the matter.

This offer represents a premium of about 5.8% over Spirit’s stock closing price of $33.07 on Monday.

Spirit said it remains “focused on providing the best quality products for our customers”.

Boeing (NYSE:) did not immediately respond to a Reuters request for comment.