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Boeing-Embraer: new victory for the future joint-venture

Court rejects request for a stop. The decisive vote of the shareholders next February 26

After the board of Embraer has ratified the green light to the joint-venture with the US aerospace company Boeing (see AVIONEWS) also because of the total approval to the operation by the new president Jair Bolsonaro, another important "victory" came yesterday. A court in São Paulo, according to the local press, dismissed a lawsuit filed by some minority shareholders, who asked the court to suspend...

M/A - 1219081
San Paolo, Brazil, 02/21/2019 14:22
AVIONEWS - World Aeronautical Press Agency

IndustryBoeing-Embraer partnership receives shareholder approval

96.8% of all valid votes in favor of the transaction

The proposed strategic partnership between Boeing and Embraer was approved today (see AVIONEWS) by South American industry’s shareholders during an Extraordinary General Shareholders' Meeting held at t... more

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