Market Chatter: Boeing Offers Remedies to EU in Bid to Gain Approval for Spirit AeroSystems Buyout
MT Newswires Live
Sep 23
Boeing (BA) has proposed concessions to the EU to gain approval for its $4.7 billion purchase of Spirit AeroSystems (SPR), Reuters reported Tuesday, citing an update on the European Commission website.
The Commission has extended its review deadline to Oct. 14 and will likely seek industry feedback before deciding whether to approve the deal or launch a deeper investigation, the report said.
The UK has already approved the acquisition without conditions, the report said.
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