Archer Buys Boeing's Wisk Aero for Electric Aviation Push

Deal-making in various sectors has been ongoing, with notable transactions including Archer Aviation's acquisition of Boeing's electric air-taxi unit Wisk Aero. The deal also includes two related subsidiaries, and instead of paying mostly in cash, Archer will give Boeing a nearly 20% stake in the combined company.

This setup allows Boeing to maintain exposure to electric aviation while minimizing its funding and development risk. It highlights a broader trend in the aerospace industry, where big groups want to participate in this emerging market without shouldering all the costs alone.

Elsewhere, reports suggest that a consortium including Amazon founder Jeff Bezos is close to buying a significant stake in Liverpool, with estimates indicating it could be around one-third of the team. This deal signifies that even when valuations appear stretched compared to near-term cash flow, trophy sports teams can still attract deep-pocketed buyers.