Weil has successfully advised the Boeing Company (Boeing) in the completion of its acquisition of 100% of the issued share capital of Spirit AeroSystems Holdings Inc. (Spirit) in an all-stock transaction at an equity value of approximately $4.7 billion. Spirit is a leading supplier of aerostructures to Boeing, Airbus SE (Airbus) and a number of other commercial and military aircraft manufacturers. 

Weil acted as global antitrust counsel (ex-U.S.) for Boeing and has successfully secured clearance from the European Commission as well as several other regulators. The Commission’s clearance decision is conditional on the divestment of Spirit’s operations and assets that produce components for Airbus aircraft to Airbus and the divestment of Spirit’s operations in Subang, Malaysia to Composites Technology Research Malaysia Sdn Bhd (CTRM). In addition, Weil secured several unconditional regulatory clearances, including from the UK’s Competition and Markets Authority in Phase 1. In addition to the UK, working with local counsel, Weil has also gained regulatory approvals in Morocco, the Kingdom of Saudi Arabia and Ukraine. The deal also received clearance in the U.S.

The Weil team was led by Brussels Antitrust partner Niklas Maydell and London Antitrust partner Jenine Hulsmann. The team also included partner Neil Rigby, counsel Jakob Dewispelaere, associates Nuna Van Belle, Robert Eyres, Alexandra Zaytseva, Venetia Hudd and Victor Ting and legal consultants Matthew Fader, Álvaro Salgado Carranza, Órla Murnaghan and Viveka Patel.