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Boeing to have 51% stake in venture with Embraer: paper

Published Mon, Feb 26, 2018 · 09:50 PM

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Brasilia

BOEING Co will have a 51 per cent stake in a joint company currently being negotiated with Brazilian aircraft maker Embraer, O Globo newspaper columnist Lauro Jardim reported on Sunday.

Boeing has agreed to a Brazilian government demand that the US company have no more than a 51 per cent controlling share, Mr Jardim said, without citing sources.

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