Boeing proposes up to 90 percent stake in new Embraer venture - paper

BRASILIA (Reuters) - Boeing Co has presented a plan to Brazil's government that would give it an 80 to 90 percent stake in a new venture encompassing Embraer SA's commercial jet business, a Brazilian newspaper reported on Tuesday.

The plan Boeing presented to the government on Thursday would let it take over Embraer's commercial operations by creating a new company, with defense operations remaining under the Brazilian planemaker's control in order to meet government demands, Valor Economico reported, without citing a source.Reuters previously.....

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