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Bond Market News
UK Regulator Clears Boeing’s $4.7bn Spirit AeroSystems Takeover
August 11, 2025
Boeing’s $4.7bn all-stock acquisition of Spirit AeroSystems has received clearance from Britain’s Competition and Markets Authority (CMA). CMA decided against moving its review to a more in-depth “phase 2” investigation; however, Boeing still awaits approvals from the EC and the US FTC. The latest clearance is seen as a step forward in Boeing’s efforts to stabilise operations and rebuild investor confidence after recent operational and financial strains, Reuters said. The deal, first announced last year and expected to close by 4Q2025, will end nearly two decades of being independently run for Spirit Aero, the world’s largest standalone aerostructures supplier. Boeing aims to streamline its supply chain and tighten its quality control as a result of this deal.
Boeing has also agreed to acquire a portion of Spirit Aero’s operations from Airbus in Belfast, Northern Ireland. Earlier in April this year, Airbus had finalised a deal to buy several of Spirit Aero’s facilities tied to its aircraft programmes. Spirit Aero also announced the $95.3mn sale of Composites Technology Research Malaysia (CTRM), which would supply Boeing’s 737 and 787 programs and Airbus’ A220, A320 and A350 as a result of this deal.
Boeing’s 3.2% 2029s are trading stable at 95.86, yielding 4.47%.
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