Spirit AeroSystems up as FTC demands Boeing divest co's assets

Spirit Aerosystems Holdings

03/12/2025 17:26

** Shares of Spirit AeroSystems SPR.N up 2.7% at $38.54

** U.S. FTC says it will require Boeing BA.N to divest significant SPR assets to resolve antitrust concerns around its $8.3 bln acquisition

** Under a proposed consent order, BA will divest Spirit businesses that currently supply aerostructures to Airbus SE AIR.PA

** Boeing will also divest Spirit’s Subang, Malaysia, aerostructures business, which currently supplies aerostructures to Boeing and Airbus

** Up to last close, SPR had gained ~10% YTD

(Reporting by Arnav Mishra in Bengaluru)

((Arnav.Mishra@thomsonreuters.com))