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Business/Financial

Boeing In Talks On Combination With Embraer

By Cal Biesecker

Thursday, December 21st, 2017

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Boeing In Talks On Combination With Embraer

The Brazilian Air Force received its first Embraer KC-390 Millennium in 2019 and is exploring hybrid-electric options for light transport with Embraer. (Embraer)

Boeing [BA] and Brazil’s Embraer [ERJ] on Thursday said they are in discussions for a “potential combination” following a report in the Wall Street Journal that Boeing is in talks to acquire the maker of regional and business jets, light-attack fighters and reconnaissance aircraft, and medium-size military transport aircraft.The Journal reported that the potential acquisition would be at a “large premium” for Embraer but no price was mentioned. It said the talks by Boeing would give it a hedge against its…

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