The European Commission is poised to grant conditional antitrust approval for Boeing's $4.7 billion re‑acquisition of Spirit AeroSystems, sources say, subject to remedies that include divesting parts of Spirit that supply Airbus. A final decision is due by Oct. 14.
Discovered |
Briefing
The EU's likely conditional sign‑off on Boeing's $4.7B takeover, with an Oct. 14 deadline, clears a major regulatory hurdle following the UK regulator's earlier clearance: https://hype.aero/?story=71833719-5804-4aa5-abb0-500292e42b67
Remedies are expected to force sales of Spirit units that supply Airbus, directly reshaping aerostructures supply chains — for example, the planned $95.2M Subang plant sale: https://hype.aero/?story=99c3b263-5797-4e5e-a236-4a8fa21b1250
The deal timing overlaps with Spirit's recent liquidity measures, including a reported $475M financing package, which could influence how and when divestitures and integrations proceed: https://hype.aero/?story=516d137f-0c56-4bb6-9e59-6c1c0774048d
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Reuters
• Foo Yun Chee