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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......»»
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......»»
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......»»
Brazil securities watchdog probes Embraer CFO over Boeing deal: paper
Brazil's securities regulator has launched an administrative probe into a top executive at jetmaker Embraer SA regarding an announcement about its proposed joint venture with Boeing Co, newspaper Valor Econômico reported on Monday......»»
Embraer Launches Arbitration Proceeding After Boeing Breaks Agreement
Brazilian aircraft maker Embraer has begun arbitration proceedings against Boeing after the U.S.-based aerospace giant pulled out of a planned joint venture with the Brazilian firm......»»
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......»»
Embraer studies turboprop to be developed through Boeing venture
Brazilian planemaker Embraer is in the advanced stages of studying the launch of a new turboprop aircraft to be developed through a venture it is planning with Boeing, subject to necessary approvals, a top executive said on Monday......»»
Chinese antitrust regulator approves Boeing-Embraer deal
A Chinese antitrust regulator has approved Boeing Co's deal to buy a controlling stake in the commercial jet division of Brazilian planemaker Embraer , according to a statement on the regulator's website......»»
EC Investigating Boeing-Embraer Joint Venture
The European Commission (EC) has opened an in-depth investigation to assess the proposed joint venture involving U.S.-based aircraft manufacturer Boeing Co (NYSE: BA) and Brazil-based Embraer SA (NYSE: ERJ). read more.....»»
EU antitrust regulators to probe Boeing, Embraer deal
EU antitrust regulators opened on Friday a full-scale investigation into Boeing's bid for a controlling stake in Embraer's commercial aircraft arm, saying the deal may reduce competition and push up prices......»»
Shares in Brazilian planemaker Embraer fall more than 1% on EU antitrust probe
Shares in Brazilian planemaker Embraer fell more than 1% at the open on Monday, 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......»»
Exclusive: Boeing bid for Embraer unit faces EU antitrust probe - sources
Boeing is set to face a EU antitrust investigation of up to five months into its bid for a controlling stake in the commercial aircraft arm of Brazil's Embraer , people familiar with the matter said on Monday......»»
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......»»
New Mitsubishi boss says MRJ jet on track for 2020
The MRJ, if certified by aviation regulators to fly commercially, will be a future competitor of the Airbus A220 and Embraer E2; the Brazilian jet maker that Boeing has a joint venture with......»»
Our Thoughts On The Embraer-Boeing Joint Venture
Our Thoughts On The Embraer-Boeing Joint Venture.....»»
The Boeing Company (NYSE:BA) looks like a strong buy
The Boeing Company (NYSE:BA) looks like a strong buy Boeing announced near the end of February that Brazil-based Embraer SA shareholders approved their joint venture. The proposed deal, which .....»»
A Boeing-Embraer Deal Is Still Highly Likely
Boeing's proposed acquisition of a majority stake in Embraer's commercial aviation business is being held up by some thorny issues, but it is still likely to be finalized within the next few quarters......»»
Boeing swallows Embraer commercial arm in joint venture
(Reuters) - Boeing Co will take over the $4.75 billion commercial aircraft arm of Brazilian planemaker Embraer SA as part of a new company to be controlled by the U.S. firm, the companies said on Thursday......»»
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.....»»
Embraer, Boeing reach preliminary agreement for joint venture
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»