Finance
Boeing offers remedies in bid for EU approval for Spirit deal
Published by Global Banking & Finance Review®
Posted on September 23, 2025
1 min readLast updated: January 21, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on September 23, 2025
1 min readLast updated: January 21, 2026
Boeing proposes remedies to secure EU approval for its $4.7 billion acquisition of Spirit AeroSystems, with a decision due by October 14.
BRUSSELS (Reuters) -Boeing has offered remedies in a bid to secure EU approval to buy back Spirit AeroSystems, the world's largest standalone aerostructures company, according to an update on the European Commission website.
Boeing announced the $4.7 billion acquisition in July last year that would also see Airbus take on the supplier's loss-making Europe-focused activities.
The Commission, which acts as the EU competition enforcer, extended its decision deadline for the deal to October 14.
It is expected to seek market feedback before deciding whether to accept Boeing's remedies or open a full-scale four-month-long investigation if it has serious concerns.
The UK antitrust authority cleared the deal unconditionally last month.
(Reporting by Foo Yun CheeEditing by Ros Russell)
An acquisition is a corporate action where one company purchases another company, gaining control over its assets and operations.
The European Commission is the executive branch of the European Union responsible for proposing legislation, enforcing laws, and managing the day-to-day operations of the EU.
Antitrust approval is the legal authorization required for mergers and acquisitions to ensure they do not create monopolies or reduce competition in the market.
Remedies in a corporate acquisition refer to the actions proposed by a company to address concerns raised by regulators regarding competition and market impact.
Market feedback is information gathered from stakeholders, customers, or competitors regarding a product or service, often used to assess potential impacts of business decisions.
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