Exclusive: EU set to approve, with conditions, Boeing's $4.7 billion Spirit deal, sources say
1. Boeing to gain EU approval for Spirit AeroSystems acquisition. 2. Sales of some Spirit AeroSystems businesses likely to alleviate EU concerns.
FAQ
Why Bullish?
Gaining EU approval enhances Boeing's market position. Historical examples show stock price often rises on successful acquisitions.
How important is it?
The approval directly supports Boeing's growth strategy, which is crucial post-pandemic.
Why Long Term?
The acquisition will strengthen Boeing's supply chain, positively affecting future revenue and operations.