Deals
SpaceX Rivals Said to Win EU Nod for Arianespace Rocket Deal
- EU said to insist on strict separation between Airbus, ASL
- Thales said to express concerns about deal to EU regulator
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Rocket maker Airbus Safran Launchers SAS is set to win European Union approval as soon as next month to take over launch-service provider Arianespace SA, countering the rising threat of Elon Musk’s SpaceX, according to two people familiar with the matter.
The European Commission’s approval is conditional on strict separation between Airbus Group SE and ASL to ensure the businesses are run independently, according to one of the people who asked not to be named as the EU’s decision isn’t yet final.