Boeing and Embraer have received the penultimate regulatory clearance to permit the companies to form two joint ventures in the fields of commercial and military aerospace.
The companies reported on 27 January that they have received unconditional approval from the General-Superintendence of the Administrative Council for Economic Defence (CADE) in Brazil. CADE is Brazil’s national competition authority and an executive agency of the government.
Boeing and Embraer said in a statement on the CADE decision that “unconditional clearance has now been granted in Brazil, United States, China, Japan, South Africa, Montenegro, Colombia, and Kenya”.
The creation of the joint ventures awaits a decision from the European Commission.
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