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EU Sets Oct. 14 Deadline on Boeing–Spirit Deal After New Commitments

Regulators are weighing Boeing’s bid to reintegrate Spirit to strengthen manufacturing quality and safety across its supply chain.

Overview

  • Boeing submitted unspecified commitments to the European Commission on September 22, prompting the EU to extend its merger review deadline to October 14.
  • EU documents indicate the deal is viewed as enabling improvements in manufacturing quality, safety and production stability, though a decision could still open an in‑depth investigation.
  • The UK Competition and Markets Authority has approved the transaction, while U.S. Federal Trade Commission clearance remains pending.
  • The proposed $4.7 billion equity deal would take 100% of Spirit’s shares via Boeing’s new subsidiary, Sphere Acquisition, with the total economic footprint larger when debt is included.
  • The transaction includes coordinated carve‑outs, with Spirit operations supplying Airbus in Prestwick and Subang expected to transfer to Airbus and portions of Belfast activities to be split with Bombardier once the deal closes.