Sunday, 26 April 2020

Boeing scraps $4.2bln deal to buy Embraer commercial division

Boeing scraps $4.2bln deal to buy Embraer commercial division

Boeing announced Saturday it was pulling out of a $4.2 billion deal to acquire the commercial plane division of its Brazilian rival Embraer, the latest in a string of setbacks for the troubled US aviation giant. The companies had planned to form a joint venture in which Boeing would take an 80 percent stake in […]

Daily Times then DailyTimes.pk



from Daily Times https://ift.tt/2SqpUiH

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