LONDON (ShareCast) - (Sharecast News) - 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.
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.

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