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Home International Customs Brazil

Shares in Brazilian planemaker Embraer fall more than 1% on EU antitrust probe

byadmin
26/09/2019
in Brazil
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BRASILIA: Shares in Brazilian planemaker Embraer fell more than 1% at the following a Reuters report that Boeing is set to face a European Union antitrust investigation into its bid for a controlling stake in Embraer’s commercial aircraft arm.

Embraer shares traded as low as 19.12 reais, a decline of as much as 2.0%, underperforming the broader Bovespa index which was down a maximum of 0.5% in early trading.

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