Aerospace
CMA expected to balance market foreclosure and information-sharing concerns with labour considerations in review of Boeing/Spirit AeroSystems deal
The UK’s Competition and Markets Authority (CMA) is expected to take into account employment-related factors in its assessment of the planned acquisition of Spirit AeroSystems by Boeing, alongside potential market foreclosure and information-sharing … To […]
Airbus in active discussions with UK and Northern Ireland authorities over future of Spirit AeroSystems sites
Airbus is actively engaged in discussions with both the UK government and the Northern Ireland Executive over the future of Spirit AeroSystems’ assets in Prestwick, Scotland, and Belfast, a person briefed on the process told […]
Airbus could take on additional assets from Spirit AeroSystems
European aerospace company Airbus may acquire additional assets outside those related to the Airbus operations from US-based aerostructures provider Spirit AeroSystems in the “short term,” although the company’s long-term goal is to safeguard the wor… […]
Airbus/Spirit AeroSystems discussions still ongoing despite delay in signing agreement
Discussions between European aerospace company Airbus and US-based aerostructures provider Spirit AeroSystems for the sale of the latter’s Airbus-related operations are still “ongoing and progressing”, although an earlier plan to sign a deal by the […]
Airbus on track to sign Spirit AeroSystems deal by year-end as target keeps scouting for suitors for non-Airbus assets
Airbus is expected to sign a definitive agreement with Spirit AeroSystems for the acquisition of the Airbus-related work packages that the company is looking to divest as part of its planned takeover by Boeing “within […]
Montana Aerospace tipped as potential buyer for Spirit AeroSystems non-Airbus operations
Switzerland-headquartered Montana Aerospace is the “natural” and “most likely” suitor for certain assets that Spirit AeroSystems will not sell to Airbus, according to a source with knowledge of the industry. The US company, which supplies aerostructu… […]
Due diligence process for Airbus’ acquisition of Spirit AeroSystems activities slowed down by supply chain issues and other matters, but deal still expected to go through, says person briefed on the process
The due diligence process for Airbus’ proposed acquisition of Spirit AeroSystems’ Airbus-related production activities is taking longer than expected due to ongoing supply issues and other matters, a person briefed on the process told Equity […]
