January 27, 2020 / 9:00 PM / a month ago

Brazil antitrust regulator gives initial approval to Boeing-Embraer deal

BRASILIA, Jan 27 (Reuters) - Technical staff at Brazil antitrust regulator Cade on Monday approved Boeing Co’s purchase of Embraer SA’s commercial aviation division without restrictions, according to a statement on Cade’s website.

The deal could still be blocked by a member of Cade’s top administrative council and then it would have to be put to a vote by the body. (Reporting by Ricardo Brito; Editing by Sandra Maler)

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