Boeing, Embraer confirm talks about potential combination

The companies confirm that they are discussing combining in some way, following initial and widespread reports that talks were under way.

Related Topics:

The Boeing Co. (Chicago, IL, US) and Embraer (São Paulo, Brazil) on Dec. 21 confirmed the two companies are engaged in discussions regarding a potential combination, the basis of which remains under discussion.

In a statement, Boeing says there is no guarantee a transaction will result from these discussions. Boeing also says that it and Embraer do not intend to make any additional comments regarding these discussions. Any transaction would be subject to the approval of the Brazilian government and regulators, the two companies’ boards and Embraer’s shareholders.