Photo: Tim Boyle/Bloomberg News
The probe means the deal will not close by year's end.
October 04, 2019 at 02:52 PM
1 minute read
The European Commission has opened an in-depth investigation into two joint ventures by aircraft manufacturers Boeing and Brazil’s Embraer – a move that has upset plans to close the deal by the end of the year.
The Commission said it is concerned that the joint ventures could reduce competition in the commercial aircraft market.
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