September 23, 2019 / 11:04 AM / a month ago

EXCLUSIVE-EU regulators to investigate $4.75 bln Boeing, Embraer deal -sources

BRUSSELS, Sept 23 (Reuters) - EU antitrust regulators are set to open a full-scale investigation into Boeing’s $4.75 billion bid for a controlling stake in Brazilian planemaker Embraer’s commercial aircraft arm, people familiar with the matter said on Monday.

The European Commission’s current review of the deal is scheduled to end on Oct. 4.

A full-scale investigation could take up to five months and raise pressure on Boeing to offer concessions to address competition concerns.

Reporting by Foo Yun Chee; editing by Tim Hepher

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