Report: Boeing Set to Gain EU Approval for $4.7B Spirit AeroSystems Deal

Report: Boeing set to gain EU approval for $4.7B Spirit AeroSystems deal

Boeing is expected to win EU approval for its $4.7 billion acquisition of Spirit AeroSystems, with conditions requiring sales of some operations that supply Airbus ahead of a final decision due October 14.

EU set to approve Boeing-Spirit Aero deal

A report from Reuters indicates that the European Union is set to approve the deal in which Boeing would reacquire Spirit AeroSystems and spin-off work for Airbus and Bombardier to those entities.  The deal, valued at $4.7 billion, requires anti-competitive sign-offs from both the US and EU regulators.  It has previously passed US scrutiny, and is awaiting approval from the EU to move forward. image: Spirit AeroSystems The spin-off requirements …

Boeing Set to Receive Conditional EU Approval for $4.7B Spirit AeroSystems Deal

Boeing ($BA) is reportedly set to receive conditional approval from the European Union for its $4.7