Boeing talks not considering change of control at Embraer

|About: The Boeing Company (BA)|By:, SA News Editor

Tie-up talks between Boeing (NYSE:BA) and Embraer (NYSE:ERJ) do not contemplate a change of control at the Brazilian planemaker.

Valor Economico said the companies were looking at forming joint business agreements in which they divide costs and income in certain areas, or JVs, in which both companies enter independently into a partnership.

Among the areas Boeing is looking to focus on is complementing its aircraft portfolio, expanding sales platforms and developing new products.

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