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Boeing Pays $4.2 Billion for Stake in Embraer JV

Boeing and Brazilian aircraft maker Embraer have agreed to establish a joint venture to build and service Embraer commercial jets. Boeing will pay $4.2 billion for an 80% share in the JV......»»

Category: blogSource: 247wallstDec 17th, 2018

Boeing Terminates $4.2 Billion Deal to Buy Stake in Embraer Unit

Boeing, which is contending with the economic fallout from the pandemic and the grounding of its 737 Max jets, said Saturday that it had terminated an agreement to buy 80 percent of Embraer’s commercial jet business for $4.2 billion......»»

Category: topSource: moneycentralApr 26th, 2020

Exclusive: EU regulators to investigate $4.75 billion Boeing, Embraer deal - sources

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......»»

Category: topSource: reutersSep 23rd, 2019

Boeing and Embraer to form aerospace JV, with Boeing"s stake to be valued at $3.8 billion

Boeing Co. and Brazil-based Embraer S.A. announced Thursday a partnership to help both companies accelerate growth in the aerospace market. Boeing's stock rose 0.4% i.....»»

Category: topSource: marketwatchJul 5th, 2018

Boeing to take over Embraer unit, taking on Airbus-Bombardier

SAO PAULO (Reuters) - Boeing Co will buy a controlling stake in the commercial aircraft arm of Brazilian planemaker Embraer SA under a new $4.75-billion joint venture, the companies said on Thursday, cementing a global passenger jet duopoly......»»

Category: topSource: reutersJul 5th, 2018

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......»»

Category: topSource: reutersJul 5th, 2018

Boeing to buy control of Embraer"s commercial jet unit

Boeing will buy a controlling stake in the commercial aircraft arm of Brazilian planemaker Embraer under a new $4.75-billion joint venture. Fred Katayama reports......»»

Category: videoSource: reutersJul 5th, 2018

Boeing buying stake in Embraer operations for $4.2B

Boeing is buying a majority stake in Embraer's commercial aircraft and services operations for $4.2 billion......»»

Category: topSource: foxnewsDec 17th, 2018

Jetmaker Embraer focuses on future after Boeing divorce "pain"

The head of Embraer's commercial aircraft unit defended the benefits of a $4.2 billion tie-up abandoned by Boeing Co last week, but said the Brazilian aerospace group was focusing on its future as a re-united company......»»

Category: topSource: reutersMay 1st, 2020

Embraer suffered "pain" in preparing Boeing deal, commercial head says

The head of Embraer's commercial aircraft unit defended the benefits of a $4.2 billion tie-up abandoned by Boeing Co last week, but said the Brazilian aerospace group was focusing on its future as a re-united company......»»

Category: topSource: reutersMay 1st, 2020

Embraer and Boeing"s $4.2 billion deal ruled out pandemic as pretext to cancel

Boeing Co's recently aborted $4.2 billion agreement to buy the commercial jet-making operations of Brazil's Embraer specifically forbade either party from calling it off because of a pandemic or a global economic recession, Reuters has found......»»

Category: topSource: reutersApr 30th, 2020

Embraer: Boeing created "false claims" to kill $4.2B deal

Boeing's CEO did not elaborate on what "unsatisfied conditions" prevented Boeing from closing the deal, which will now save the jet maker several billion dollars......»»

Category: topSource: bizjournalsApr 28th, 2020

Embraer takes Boeing to arbitration over failed deal as Brazil eyes China tie-up

Brazil's Embraer SA said on Monday it had begun an arbitration process against Boeing Co, after the U.S. planemaker abruptly canceled a $4.2 billion deal over the weekend that was years in the making......»»

Category: topSource: reutersApr 27th, 2020

Embraer takes Boeing to arbitration over failed deal as shares plummet

Brazil's Embraer SA on Monday said it had begun an arbitration process against Boeing Co , after the U.S. planemaker abruptly canceled a $4.2 billion deal over the weekend that was years in the making......»»

Category: topSource: reutersApr 27th, 2020

Brazil’s Embraer says Boeing ‘wrongfully terminated’ $4.2 billion plan to team up, vows to seek damages

Chicago-based Boeing said it ended the a.....»»

Category: topSource: chicagotribuneApr 27th, 2020

After betting its future on Boeing, jetmaker Embraer scrambles for elusive plan B

Brazilian planemaker Embraer SA has been thrust into an uncertain future with no immediate plan B, while not ruling out seeking a bailout after Boeing Co jettisoned a $4.2 billion commercial aerospace tie-up amid the coronavirus crisis......»»

Category: topSource: reutersApr 26th, 2020

Boeing backs out of merger with Embraer

The Chicago-based aerospace giant abandoned the $4.2 billion deal with Embraer, Brazil's top aerospace firm......»»

Category: topSource: washpostApr 25th, 2020

Embraer hits out after Boeing scraps $4.2 billion tie-up

Boeing Co on Saturday pulled out of a $4.2 billion deal to buy Embraer's commercial jets division, sparking a furious response from its jilted partner and leaving plans for a U.S.-Brazil alliance from regional jets to jumbos in tatters......»»

Category: topSource: reutersApr 25th, 2020

Boeing abandons $4.2 billion Embraer jetliner tie-up

Boeing Co on Saturday pulled out of a $4.2 billion deal to buy the commercial jets division of Brazil's Embraer , unraveling years of work on a transformative move driven by expanding competition with Europe's Airbus ......»»

Category: topSource: reutersApr 25th, 2020

Boeing pulls out of $4.2 billion deal for Embraer"s commercial jet unit

Boeing Co on Saturday said it had canceled a $4.2 billion deal to buy the commercial jets division of Embraer , unraveling years of work on what the Brazilian planemaker expected to be a transformative move......»»

Category: topSource: reutersApr 25th, 2020

Doubts gather over Boeing-Embraer deal as deadline nears: sources

A $4.2 billion deal for Boeing to buy the civil jetmaking arm of Brazil's Embraer has hit a roadblock over implementation, threatening its collapse barring a last-minute breakthrough on Friday, people familiar with the talks said......»»

Category: topSource: reutersApr 24th, 2020