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Montevideo, November 15th 2024 - 06:00 UTC

Tag: Victorio Giuzio Neto

  • Saturday, February 23rd 2019 - 09:05 UTC

    Brazilian judge suspends Embraer/Boeing tie-up negotiations

    In the deal, Embraer will sell 80% of its commercial plane division for US$4.2 billion to Boeing, which will have total control of the new venture.

    A Brazilian judge on Friday suspended negotiations for the tie-up of Brazilian aircraft maker Embraer SA and Boeing Co, according to a court document. The court issued an injunction suspending an Embraer shareholders meeting scheduled for Feb. 26 that would vote on whether to approve the terms already agreed upon by the two companies.