Boeing’s $4.7 Billion Spirit Deal Faces UK Antitrust Probe

Boeing Co.’s $4.7 billion deal to buy Spirit AeroSystems Holdings Inc. will face UK antitrust investigation, the country’s antitrust watchdog said.

The Competition and Markets Authority will decide whether the deal raises the risk of substantial lessening of competition in the UK. Boeing announced the deal last year with the total transaction value of $8.3 billion, that included Spirit’s net debt.