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.
Source:: https://finance.yahoo.com/news/boeing-51-percent-stake-venture-162933836.html
