United Kingdom  

Embraer hits out after Boeing scraps $4.2 billion tie-up

Reuters Saturday, 25 April 2020
Embraer hits out after Boeing scraps $4.2 billion tie-upBoeing Co on Saturday pulled out of a $4.2 billion deal to buy Embraer's commercial jets division, sparking a furious response from its jilted partner and leaving plans for a U.S.-Brazil alliance from regional jets to jumbos in tatters.
0
shares
ShareTweetSavePostSend
 
Video credit: Reuters Studio - Published
News video: Boeing deal can't be revived: Embraer CEO

Boeing deal can't be revived: Embraer CEO 01:05

The CEO of Brazilian jet maker Embraer said Monday its $4.2 billion commercial jet deal with Boeing can't be revived, and the Brazilian company has begun arbitration proceedings against the American aerospace giant. As Fred Katayama reports, shares of both companies dropped.

Related videos from verified sources

Boeing Backs Out of $4.2 Billion Embraer Deal [Video]

Boeing Backs Out of $4.2 Billion Embraer Deal

Boeing announced that it is backing out of its $4.2 billion deal that would have allowed the troubled aerospace company to purchase 80 percent of Embraer's commercial aviation business. The Brazilian..

Credit: Cheddar Inc.     Duration: 00:18Published
Embraer, Boeing Square Off After $4.2 Billion Deal Crashes And Burns [Video]

Embraer, Boeing Square Off After $4.2 Billion Deal Crashes And Burns

Boeing has pulled out of a $4.2 billion deal to buy Embraer’s commercial jets division. The move sparked a furious response from its jilted partner, and also left plans for a U.S.-Brazil alliance in..

Credit: Wochit Entertainment     Duration: 00:40Published

Tweets about this