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.
(Reporting by Marcelo Rochabrun; Editing by Sandra Maler)
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)