Airbus: Competition Authority authorizes transaction involving Spirit AeroSystems
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Airbus has received authorization from the Competition Authority to acquire exclusive control of certain assets from Spirit AeroSystems. This acquisition is part of Boeing's commitments to the European Commission to mitigate competition risks arising from its own acquisition of Spirit AeroSystems. The Authority concluded that the transaction poses no risk of harm to competition in the aircraft parts supply market and approved it unconditionally.
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