Brazil`s newly installed President Jair Bolsonaro on Thursday approved a tie-up between Brazil planemaker Embraer
Embraer will sell 80 percent of its commercial aviation business to Boeing in the deal. The government holds a so-called "golden share" in Embraer, a private company, that allows it to veto important business decisions. The deal must still be approved by shareholders.
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Updated: Fri, Jan 11, 2019
03:04 AM IST
03:04 AM IST
Reuters