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TeeMiner
Oct 29, 2018 6:03 PM

Waiting for the good news BOEING & EMBRAER merger. Short

Embraer S.A.NYSE

Description

Brazilian President-elect Jair Bolsonaro has a positive view of a proposed commercial aviation partnership between Boeing Co and local aircraft maker Embraer SA, Bolsonaro's choice for defense minister told Reuters on Monday.

Comment

Embraer reached a preliminary agreement in July to sell 80 percent of its commercial jet division to Boeing in a venture valued at $4.75 billion.
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