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The Brazilian company Embraer has agreed to sell 80% of its commercial aviation division, the company's main, to form a joint venture with Boeing.
Embraer was one of the most volatile stocks on Ibovespa during Monday's trading session (7).
The reason for this increase is due to statements from the Minister of Institutional Security Office (GSI) Heleno said that the government did not plan to suspend the agreement concluded between the American Boeing and the Brazilian manufacturer and Brasilia . "study" the conditions agreed at the end of last year.
On Friday (4), the shares of Embraer had already recorded the largest decline in the stock market, or 5%, after the president Jair Bolsonaro expressed his concerns about the merger, as stated in President Jair Bolsonaro said he understood the "need" for a merger between the two companies, but argued that the current agreement benefits Americans from Boeing.https: // t .co / B4ceHg0gqa
According to Heleno, the government wants an agreement "optimal for the country and does not plan to stop negotiations," said the "InfoMoney" (RENOVA (@RenovaMidia) January 4, 2019