Brazilian antitrust regulator Cade on Monday approved Boeing Co's purchase ...
) commercial aviation division without restrictions, according to a statement on the agency’s website.
Cade’s top administrative council could still call for a reconsideration of the case, putting the matter to a vote. The companies welcomed the move on Monday, with Boeing saying it remained confident of getting approval from the European Commission, the last hurdle to the transaction.Boeing has offered to pay $4.2 billion for 80% of Embraer’s commercial jet division, which builds passenger jets in the 70- to 150-seat segment.
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