Embraer Still Targets Brazilian Government's Okay on Boeing Deal This Year - Market Talk -- Market Talk
October 18 2018 - 12:42PM
Dow Jones News
1611 GMT - Talks to turn an MOU to carve-out of Embraer's
commercial airplane business and sell it to Boeing are advancing,
says Embraer Commercial Aircraft CEO John Slattery. "I don't see
any meaningful issues," he says at an Airline Economics conference
in New York. The deal may still be put to the Brazilian government,
which has a golden share in Embraer, before the end of the year.
Embraer may also seek shareholder approval for the deal still this
year, Mr. Slattery says. Embraer shares down 1.33%. Boeing down
0.61%. (robert.wall@wsj.com)
(END) Dow Jones Newswires
October 18, 2018 12:27 ET (16:27 GMT)
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