November 27, 2020

Brazil antitrust regulator gives nod to Boeing-Embraer deal


Brazilian antitrust regulator Cade on Monday approved Boeing Co`s purchase of Embraer SA`s commercial aviation division without restrictions, according to a statement on the agency`s website. 

Brazil antitrust regulator gives nod to Boeing-Embraer deal

Boeing has offered to pay $4.2 billion (3.2 billion pounds) for 80% of Embraer`s commercial jet division, which builds passenger jets in the 70- to 150-seat segment. Photo: Reuters





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