Boeing and Embraer signed an agreement to create a joint venture



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Rita Vidugirienė,

ELTA

2018 July 5 Boeing and Embraer, a Brazilian company, signed an agreement on the creation of a joint venture on Thursday.

an agreement between Boeing will handle 80% shares, while Embraer – the remaining 20%.

Manufacturers announced merger negotiations last December, but the deal was worsened by the Brazilian government with veto power over any strategic decision of Embraer

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