
EU Clears Boeing's $4.7B Purchase of Spirit AeroSystems, Mandates Major Aerostructures Divestments
The European Commission approved Boeing's $4.7 billion acquisition of Spirit AeroSystems after the companies offered concessions to ease competition concerns. Approval is conditional on significant divestments of aerostructures work — including transfers to Airbus and Malaysia's CTRM — and other remedies.