Don’t miss the latest developments in business and finance.

Brazil development bank chief says Boeing-Embraer is 'good deal'

Image
Reuters RIO DE JANEIRO
Last Updated : Jul 10 2018 | 8:15 PM IST

RIO DE JANEIRO (Reuters) - The head of Brazilian development bank BNDES said on Tuesday that a proposed partnership between planemaker Embraer SA and U.S. peer Boeing Co "is certainly a good deal."

Dyogo Oliveira said he is going to meet an Embraer representative on Tuesday to discuss the joint venture, without providing more details. BNDES holds a 5.4 percent stake in Embraer through its investment arm BNDES Participações SA.

(Reporting by Rodrigo Viga Gaier; Writing by Carolina Mandl; Editing by Jeffrey Benkoe)

Also Read

First Published: Jul 10 2018 | 8:06 PM IST

Next Story