Report: EU To Conditionally Approve Boeing’s $4.7B Spirit AeroSystems Acquisition

Boeing is poised to secure antitrust approval from the European Union for its $4.7 billion acquisition of Spirit AeroSystems, according to reports published by Reuters. This is contingent upon the manufacturer’s decision to sell Spirit’s Airbus-related business and divest its sites in Scotland, Malaysia, and Belfast. The European Commission is set to release its decision on this matter officially on October 14.