February 21, 2019 / 12:38 PM / a month ago

Brazil court dismisses lawsuit against proposed Embraer-Boeing deal

FILE PHOTO: The logo of Brazilian planemaker Embraer SA is seen at the company's headquarters in Sao Jose dos Campos, Brazil February 28, 2018. REUTERS/Roosevelt Cassio/File Photo

SAO PAULO (Reuters) - Brazilian planemaker Embraer said on Thursday that a domestic court had dismissed a lawsuit filed by minority shareholders seeking to prevent a proposed sale of 80 percent of its commercial planes division to Boeing.

Embraer’s shareholders are scheduled to have a final vote on the deal on Feb. 26.

Reporting by Marcelo Rochabrun, Editing by Franklin Paul

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