Boeing in tie-up talks with Brazil's Embraer


By Brad Haynes and Anthony BoadleSAO PAULO/BRASILIA (Reuters) - Planemakers Boeing Co and Embraer SA are discussing a "potential combination of their businesses," the companies said on Thursday, in a move that could consolidate a global passenger jet duopoly.Embraer's shares soared around 30 percent in Sao Paulo on the joint statement released in Brazil, which did not give details of how a potential tie-up would be structured.

Boeing shares were down 0.7 percent.The news, first reported in the Wall Street Journal, comes just two months after.....

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