Boeing’s $4.7 Billion Acquisition Of Spirit AeroSystems May See Conditional EU Antitrust Approval: Report

Boeing’s $4.7 Billion Acquisition Of Spirit AeroSystems May See Conditional EU Antitrust Approval: Report

Boeing’s $4.7 Billion Acquisition Of Spirit AeroSystems May See Conditional EU Antitrust Approval: Report

According to a Reuters report citing people familiar with the matter, the approval is based on certain remedies from Boeing to address the EU’s concerns, including the sale of some of Spirit’s businesses.

Boeing Co.’s (BA) acquisition of Spirit AeroSystems Holdings Inc. (SPR) is reportedly set for a conditional antitrust approval from the European Union.

According to a Reuters report citing people familiar with the matter, the approval is based on certain remedies from Boeing to address the EU’s concerns, including the sale of some of Spirit’s businesses.

Boeing’s shares were up nearly 0.2% in Tuesday’s opening trade. Retail sentiment on Stocktwits around the company trended in the ‘neutral’ territory.

Get updates to this story developing directly on Stocktwits.

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