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Benzinga
Benzinga
Business
Badar Shaikh

UK Antitrust Probe Targets Boeing's Spirit Deal As Airbus Sells Off Assets

Boeing Spirit Airbus Airbus SE NYSE Boeing Co Britain
Boeing

The competition regulator in Britain has announced it is proceeding with the preliminary probe into Boeing Co.'s (NYSE:BA) acquisition of Spirit Aerosystems Holdings Inc. (NYSE:SPR)

What Happened: The Competition and Markets Authority (CMA) announced it will begin its phase 1 investigation into the deal, worth $4.7 billion, with a decision to be taken by August 28, Reuters reported on Monday.

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