Boeing to take over $4.75 billion Embraer unit, targeting Airbus-Bombardier

July 5, 2018 admin Business News Comments Off on Boeing to take over $4.75 billion Embraer unit, targeting Airbus-Bombardier

SAO PAULO/PARIS (Reuters) – Boeing Co struck a deal for a controlling stake in the commercial aircraft arm of Brazilian planemaker Embraer SA under a new $4.75 billion joint venture, the firms said on Thursday, reshaping a global passenger jet duopoly.

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Source:: Reuters – Business News