Boeing is set to gain EU antitrust approval for its $4.7 billion acquisition of Spirit AeroSystems, 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.
Why it matters
Boeing announced the deal in July last year, aiming to streamline its operations and improve quality control. The decision to go ahead comes as Boeing tries to resolve a sprawling corporate and industrial crisis that has engulfed one of the industry’s key suppliers.