Boeing and Embraer
The two aircraft manufacturers Boeing and Embraer have come closer to their planned merger. Brazil does not want to veto the deal. The deal will see Boeing take over 80 percent of Embraer's airliner and service business for $ 4.2 billion. However, shareholders and various authorities still have to agree to the deal. The Boeing papers, which have risen by a whopping 20 percent since Christmas, hardly changed on Friday.
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