Government does not think to end negotiations on Embraer, said minister – 07/01/2019 – Market



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After President Jair Bolsonaro expressed doubts over the merger between Embraer and Boeing, GSI General Minister Augusto Heleno said Monday (7) that the government had no intention to interrupt the case. between the two companies

On Friday (4), Bolsonaro said he was worried about the possibility that the new company that will be formed by the two manufacturers will no longer have Brazilian stake in the future.

In the agreement between the two companies, Embraer can totally rule out the 20% that it will retain from the NewCo call, the new company that will produce the current line of Embraer and regional jets "

" It was necessary today to study whether it was the ideal formula or whether we could advocate for another type of solution, "said According to him, there is also concern about the potential losses to the country in the field of technological development.

"It is a physical heritage, a heritage aeronautics. Within this aeronautical heritage, the technological heritage, which has barely been realized over many years, is a matter of great concern and we have no intention of losing.

"He does not intend to interrupt this negotiation," he said, at the request of the respondents as to whether these points could disrupt the operation.


Bernardo Caram
Mariana Agunzi
Talita Fernandes
, GUSTAVO URIBE
and Julio Wiziack

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