Author: Vitaliy Dadalyan

Boeing to have 51 percent stake in new venture with Embraer – paper

Boeing to have 51 percent stake in new venture with Embraer - paper

Boeing Co (BA.N) will have a 51 percent stake in a joint company currently being negotiating with Brazilian aircraft maker Embraer (EMBR3.SA), O Globo newspaper columnist Lauro Jardim reported on Sunday. Boeing has agreed to a Brazilian government demand that the U.S. company have no more than a 51 percent controlling share, Jardim said, without citing sources. Boeing and Embraer did not immediately respond to requests for comment.


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