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The UK's Competition and Markets Authority (CMA) has given its green light to the proposed $4.7 billion acquisition of Spirit AeroSystems by Boeing.
The CMA has ruled out a more in-depth Phase Two investigation, concluding that the deal is unlikely to significantly harm competition in the UK.
This regulatory approval is a crucial step for Boeing in its efforts to bring a key supplier back into its corporate fold.
The acquisition is part of a broader strategy by the aerospace giant to regain more control over its supply chain following a series of production and quality control issues.




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