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FTC Finalizes Boeing Spirit Deal Order
18 Feb
Summary
- FTC finalized a consent order regarding Boeing's acquisition.
- The order involves the acquisition of Spirit AeroSystems.
- The regulatory decision was announced on Tuesday.
The U.S. Federal Trade Commission (FTC) announced on Tuesday the finalization of a consent order. This order is specifically related to the acquisition of Spirit AeroSystems by Boeing. The regulatory body's decision marks a key milestone in the ongoing process of Boeing's integration of the aerospace manufacturer.
This finalized consent order signifies regulatory approval for the significant transaction. Spirit AeroSystems is a crucial supplier within the aviation industry, and its acquisition by Boeing is expected to reshape certain aspects of aerospace manufacturing and supply chains. The FTC's involvement underscores the importance of regulatory oversight in major corporate mergers.
