# Spirit AeroSystems postpones $650M acquisition of Asco Industries

Spirit AeroSystems postponed its $650 million acquisition of Asco Industries' parent company due to issues identified by the European Commission review.

- Type: Acquisition
- Announced: 2018-10-26
- Where: Belgium
- Value: $650.0M
- Status: announced
- Products: aircraft components
- Sectors: [Aerospace Components](https://endata.com/sectors/aerospace-components.md)

## Companies

- [ASCO Industries](https://endata.com/companies/15250.md) (target)
- [Spirit AeroSystems](https://endata.com/companies/16652.md) (acquirer)

## Sources

- [kansas.com](https://www.kansas.com/news/business/aviation/article220666590.html), 2018-10-26: "Spirit has decided to withdraw its notification of the transaction from the Commission in order to address those issues."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.