US FTC finalises consent order forcing Boeing to divest Spirit assets to close deal
→Boeing must complete divestitures and maintain supply to rivals under FTC order
Change
The US FTC finalised a consent order requiring Boeing to divest key Spirit AeroSystems assets and maintain supply to competitors to proceed with the acquisition.
Why it matters
The final order makes divestiture a binding precondition to closing and requires Boeing and Spirit to continue supplying aerostructures and services to rival military contractors. The order also imposes ongoing compliance reporting obligations under clarified procedures.
Implications
- — Boeing must complete required divestitures before closing — failure blocks completion of the acquisition
- — Boeing and Spirit must continue supplying aerostructures to rival contractors — supply restriction breaches the order
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Source
View on FTC