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Antitrust Waiting Period Expires For Archer's Acquisition Of Boeing Subsidiaries

Source: Nasdaq

M&A & RestructuringAntitrust & CompetitionAutomotive & EVTransportation & Logistics

Archer Aviation said the Hart-Scott-Rodino antitrust waiting period has expired for its planned acquisition of Boeing subsidiaries Wisk Aero, SkyGrid and Insitu. The clearance removes a key regulatory hurdle for the transaction and could strengthen Archer's eVTOL technology, autonomy and aviation-services capabilities, though closing remains subject to any remaining conditions.

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