Archer to acquire Boeing's Wisk and two subsidiaries for near 20% equity stake
Archer to acquire Boeing's Wisk and two subsidiaries for near 20% equity stake Aug 10 (Reuters) - Air taxi maker Archer Aviation ACHR.N will acquire Boeing's BA.N electric aircraft unit, Wisk Aero, along with two related subsidiaries, in exchange for Boeing receiving a nearly 20% stake in the combined company, the companies said on Monday.
(Reporting by Shivansh Tiwary in Bengaluru; Editing by Maju Samuel)
((Shivansh.Tiwary@thomsonreuters.com; +91 9708363192; X: @Shivansh_19_;))
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