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Brazil's govt joins Embraer in challenging injunction of tie-up with Boeing

Reuters  |  SAO PAULO 

SAO PAULO (Reuters) - Brazil's government said on Friday that it would appeal an injunction issued Thursday blocking a proposed tie-up between planemakers Embraer and Boeing , joining Embraer, which has also said it will challenge the decision. The Brazilian government will appeal through its solicitor general. Embraer announced in July its intention to sell 80 percent of its commercial aviation business to Boeing for $3.8 billion. Embraer has said the deal is crucial for its survival. Meanwhile, Boeing's takeover is widely seen as a response to a similar deal earlier this year, in which ...

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First Published: Fri, December 07 2018. 22:42 IST
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