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March 20, 2020Which Path to Follow in Boeing and Embraer Agreement?
The coronavirus may prevent Boeing from purchasing the jet production division of Embraer. Plunging markets have raised urgent questions over the fate of the $4.2 billion deal as aviation reels from the coronavirus crisis.
Boeing has offered to pay $4.2 billion in cash for 80% of Embraer's commercial unit, which builds jetliners in the 70- to 150-seat segment.
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