Business

Boeing in talks to buy Brazilian aircraft maker Embraer

Boeing Co. is in talks about a potential takeover of Brazil’s Embraer SA, the companies said, in a potential blockbuster deal that would give the U.S. plane manufacturer a portfolio of regional jets.

But the Brazilian government, which is a shareholder, is lukewarm about any possible takeover.

Source: Deutsche Welle

Shares in Brazil's Embraer have soared 20 percent after Boeing confirmed it is in talks to merge with its smaller rival.

Source: Deutsche Welle

All Sources: Deutsche Welle Los Angeles Times

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