Boeing nears EU antitrust approval for Spirit AeroSystems deal - International Aircraft Maintenance Association
Boeing is close to EU antitrust approval for its $4.7B Spirit AeroSystems deal, a vertical integration in aerospace manufacturingIn another significant development, Boeing is expected to receive European Union antitrust approval for its $4.7 billion acquisition of Spirit AeroSystems, pending agreement on certain remedial divestitures. The move is part of Boeing’s strategy to reintegrate critical aerostructure manufacturing capabilities following years of outsourcing.