Boeing Seeking Deal With Brazilian Aerospace Titan
- Options are said to include a partnership to market planes
- Talks follow European planemaker’s deal with Bombardier
Boeing Mulls Embraer Tie-Up
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Boeing Co. is weighing a potential combination with Brazil’s Embraer SA, setting the stage for a blockbuster deal that would fuel the U.S. aerospace giant’s rivalry with Airbus SE in the highly competitive market for smaller jets.
The planemakers have been exploring a takeover for more than a year, with senior-level talks that gained urgency in recent months as Airbus struck a joint venture with Bombardier Inc., said a person familiar with the discussions. The negotiations are ongoing and expected to continue after the companies return from a year-end break, said the person, who asked not to be identified because the matter is private.