Boeing to have 51 percent stake in venture with Embraer - paper


BRASILIA (Reuters) - Boeing Co will have a 51 percent stake in a joint company currently being negotiated with Brazilian aircraft maker Embraer, O Globo newspaper columnist Lauro Jardim reported on Sunday.Boeing has agreed to a Brazilian government demand that the U.S.

company have no more than a 51 percent controlling share, Jardim said, without citing sources.Embraer said it would not comment on the matter. Boeing did not respond to a request for comment. Boeing has sought Brazilian government approval of the partnership with Embraer that.....

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