CMA clears Boeing's $4.7bn Spirit AeroSystems acquisition

The UK’s Competition and Markets Authority (CMA) cleared Boeing’s $4.7bn acquisition of Spirit AeroSystems on Friday, ruling out a deeper phase two probe and allowing the deal to proceed without further regulatory hurdles in Britain.

  • Boeing Co
  • 08 August 2025 12:32:08
Boeing 787 Dreamliner

Source: Sharecast

The decision followed an initial investigation launched in June into whether the deal would lead to a “substantial lessening of competition” in the UK’s aerospace supply chain.

Britain’s competition regulator did not find sufficient concerns to warrant an extended review, and said the full decision would be published shortly.

The acquisition would reunite Boeing with Spirit AeroSystems nearly two decades after the US planemaker spun off the aerostructures manufacturer as part of a cost-cutting strategy.

Boeing is now buying Spirit back in an all-stock deal valued at $37.25 per share, or $4.7bn in equity, with the total transaction including net debt estimated at $8.3bn.

Spirit manufactures key components for Boeing’s 737 and 787 aircraft and has been at the centre of quality control issues in recent years.

Boeing was looking to bring the supplier back in-house to tighten oversight and stabilise production.

The deal also included a parallel agreement for Airbus to acquire Spirit facilities involved in its own aircraft programmes, including a site in Belfast, Northern Ireland.

Spirit told media on Friday that the transaction was expected to complete in the fourth quarter of 2025, while Boeing had not yet commented publicly on the CMA decision.

At 0725 EDT (1225 BST), shares in the Boeing Company were up 0.41% in premarket trading in New York, at $228.34, while those in Spirit AeroSystems Holdings were ahead 0.05% at $39.91.

Reporting by Josh White for Sharecast.com.

Exchange: New York Stock Exchange
Sell:
$ 39.22
Buy:
$ 40.60
Change: 0.03 ( 0.08 %)
Date:
Prices delayed by at least 15 minutes

Compare our accounts

If you're looking to grow your money over the longer term (5+ years), we have a range of investment choices to help.

Bank of Scotland is not responsible for the content and accuracy of the Markets News articles. We may not share the views of the author. Understand the risks, please remember the value of your investment can go down as well as up and you may not get back the full amount you invest. We don't provide advice so if you are in any doubt about buying and selling shares or making your own investment decisions we recommend you seek advice from a suitably qualified Financial Advisor. Past performance is not a guide to future performance.

Important legal information

Bank of Scotland Share Dealing Service is operated by Halifax Share Dealing Limited. Halifax Share Dealing Limited. Registered in England and Wales No. 3195646. Registered Office: Trinity Road, Halifax, West Yorkshire HX1 2RG. Authorised and regulated by the Financial Conduct Authority, 12 Endeavour Square, London, E20 1JN under number 183332. A Member of the London Stock Exchange and an HM Revenue & Customs Approved ISA Manager.

Logo Allfunds

The information contained within this website is provided by Allfunds Digital, S.L.U. acting through its business division Digital Look Ltd unless otherwise stated. The information is not intended to be advice or a recommendation to buy, sell or hold any of the shares, companies or investment vehicles mentioned, nor is it information meant to be a research recommendation. This is a solution powered by Allfunds Digital, S.L.U. acting through its business division Digital Look Ltd incorporating their prices, data news, charts, fundamentals and investor tools on this site. Terms and conditions apply. Prices and trades are provided by Allfunds Digital, S.L.U. acting through its business division Digital Look Ltd and are delayed by at least 15 minutes.

FE fundinfo Logo

Data provided by FE fundinfo. Care has been taken to ensure that the information is correct, but FE fundinfo neither warrants, represents nor guarantees the contents of information, nor does it accept any responsibility for errors, inaccuracies, omissions or any inconsistencies herein. Past performance does not predict future performance, it should not be the main or sole reason for making an investment decision. The value of investments and any income from them can fall as well as rise.

Refinitiv Logo

© 2025 Refinitiv, an LSEG business. All rights reserved.