{"id":6771,"date":"2019-11-21T23:12:51","date_gmt":"2019-11-22T05:12:51","guid":{"rendered":"http:\/\/planesintheair.com\/?p=6771"},"modified":"2019-12-05T17:42:53","modified_gmt":"2019-12-05T23:42:53","slug":"chinese-antitrust-regulator-approves-boeing-embraer-deal","status":"publish","type":"post","link":"https:\/\/planesintheair.com\/?p=6771","title":{"rendered":"Chinese Antitrust Regulator Approves Boeing-Embraer Deal"},"content":{"rendered":"

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BRASILIA (Reuters) – A Chinese antitrust regulator has approved Boeing Co’s <BA<\/a>> deal to buy a controlling stake in the commercial jet division of Brazilian planemaker Embraer <ERJ<\/a>>, according to a statement on the regulator’s website.<\/p>\n

The Boeing-Embraer deal appears on a list dated Nov. 19 of transactions “approved unconditionally” that is posted to the website of the Chinese State Administration for Market Regulation’s anti-monopoly department.<\/p>\n

The document gives no further details, only saying that the case was adjudicated 10 days earlier on Nov. 9.<\/p>\n

Boeing, the world’s largest planemaker, has been seeking to finalize its purchase of 80% of Embraer’s commercial jet division in a bid to compete with Europe’s Airbus <AIR.PA> in the market for planes with fewer than 150 seats.<\/p>\n

China’s approval comes as EU regulators have delayed a decision until both companies provide additional documents, which Embraer has said it is trying to do as soon as possible.<\/p>\n

The companies originally said they expected to close the deal this year.<\/p>\n

(Reporting by Jake Spring; Editing by Bill Berkrot)<\/p>\n

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A Chinese antitrust regulator has approved Boeing Co’s deal to buy a controlling stake in the commercial jet division of Brazilian planemaker Embraer , according to a statement on the regulator’s website.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4510,4813,89,799,5637,6117,5992,6875,2203,4957,5676,1397,868,1103],"tags":[8600,1690,47,420,1642,4198,2819,160,41,691,184,687,2150,1558,1563,655,7460,8596,447,1635,1277,8599,8597,1767,589,1567,6383,412,503,689,3871,1288,2855,1634,3535,3791,1691,1658,8598,1939],"class_list":["post-6771","post","type-post","status-publish","format-standard","hentry","category-aerospace-news","category-airplane-news","category-aviation-news","category-boeing-news","category-business-news","category-china-news","category-economic-news","category-embraer-news","category-finance-news","category-global-politics","category-international-news","category-stock-news","category-transportation-news","category-travel-news","tag-adjudicated","tag-administration","tag-airbus","tag-airline","tag-anti","tag-antitrust","tag-approved","tag-aviation","tag-boeing","tag-brasilia","tag-brazil","tag-brazilian","tag-buy","tag-chinese","tag-commercial","tag-company","tag-compete","tag-controlling","tag-deal","tag-department","tag-division","tag-document","tag-embraererj","tag-europe","tag-jet","tag-market","tag-monopoly","tag-news","tag-plane","tag-planemaker","tag-regulator","tag-reuters","tag-stake","tag-state","tag-statement","tag-transaction","tag-transport","tag-transportation","tag-unconditionally","tag-website"],"_links":{"self":[{"href":"https:\/\/planesintheair.com\/index.php?rest_route=\/wp\/v2\/posts\/6771","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/planesintheair.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/planesintheair.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/planesintheair.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/planesintheair.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=6771"}],"version-history":[{"count":4,"href":"https:\/\/planesintheair.com\/index.php?rest_route=\/wp\/v2\/posts\/6771\/revisions"}],"predecessor-version":[{"id":6936,"href":"https:\/\/planesintheair.com\/index.php?rest_route=\/wp\/v2\/posts\/6771\/revisions\/6936"}],"wp:attachment":[{"href":"https:\/\/planesintheair.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=6771"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/planesintheair.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=6771"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/planesintheair.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=6771"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}