EU clears Boeing's $4.7bn reacquisition of Spirit AeroSystems, mandates Airbus-facing divestments
The European Commission has approved Boeing’s proposed $4.7 billion reacquisition of Spirit AeroSystems after the companies agreed to divest aerostructures units that supply Airbus. The remedies require spinning off Airbus-facing operations — including work on A350 centre fuselages and A220 wing production — to protect competition.
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