Boeing (BA) is set to gain EU antitrust approval for its $4.7B acquisition of Spirit AeroSystems (SPR), with remedies to address EU concerns expected to include sales of some of the latter’s businesses, people with direct knowledge of the matter said, Reuters reports. Boeing’s remedies to address EU competition worries are expected to be those the companies announced at the time of the acquisition agreement, the people said.
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on BA:
- Pentagon to soon pick builder of Navy’s next-generation fighter, Reuters reports
- Air Lease provides Q3 activity update
- Airbus A320 ousts Boeing 737 as most-delivered jet in history, Reuters reports
- India seeks details from Boeing after emergency system glitch, Reuters reports
- Boeing Stock (NYSE:BA) Lifts Off as 737 MAX Prepares for Production Boost