Embraer Takes Boeing to Arbitration Over Failed Deal - Hallo friend US WORD ARMY, In the article you read this time with the title Embraer Takes Boeing to Arbitration Over Failed Deal, we have prepared well for this article you read and download the information therein. hopefully fill posts Items AIR FORCE, Items ARMY, Items INTELLIGENCE, Items NAVY, Items SPECIAL FORCES, we write this you can understand. Well, happy reading.

Title : Embraer Takes Boeing to Arbitration Over Failed Deal
link : Embraer Takes Boeing to Arbitration Over Failed Deal

Embraer Takes Boeing to Arbitration Over Failed Deal

SAO PAULO --- Brazil’s Embraer SA on Monday said it had begun an arbitration process against Boeing Co, after the U.S. planemaker abruptly canceled a $4.2 billion deal over the weekend that was years in the making.

Embraer shares fell as much as 16% in Sao Paulo to a more than 8-year low on news of the cancellation, suggesting investors had hoped until the last minute that the takeover agreement would not fall apart.

The sudden collapse, triggered by a deadline that Boeing refused to extend, drew an irate response from Embraer on Saturday.

First trading day after @Boeing terminated @embraer JV, $ERJ lost $63m in market cap. $BA lost $165m in market cap. Dow Jones was up 358 pts (1.51%). FWIW.
— Scott Hamilton (@LeehamNews) April 27, 2020

But on Monday, when Embraer executives hosted a call with analysts, the angry rhetoric was largely absent. Embraer is in a delicate situation, having bet the future of the company on Boeing only to find itself now in isolation and without a Plan B, all while the coronavirus crisis ravages the travel industry. (end of excerpt)

Click here for the full story, on the Reuters website.

-ends-

Let's block ads! (Why?)

from Defense Aerospace - Press releases https://ift.tt/2zvPBYe
via Defense

thus Article Embraer Takes Boeing to Arbitration Over Failed Deal

that is all articles Embraer Takes Boeing to Arbitration Over Failed Deal This time, hopefully can provide benefits to all of you. Okay, see you in another article posting.

You now read the article Embraer Takes Boeing to Arbitration Over Failed Dealwith the link address https://uswordarmy.blogspot.com/2020/04/embraer-takes-boeing-to-arbitration.html

Embraer Takes Boeing to Arbitration Over Failed Deal

Embraer Takes Boeing to Arbitration Over Failed Deal

thus Article Embraer Takes Boeing to Arbitration Over Failed Deal

0 Response to "Embraer Takes Boeing to Arbitration Over Failed Deal"

Post a Comment

Embraer Takes Boeing to Arbitration Over Failed Deal

see also

Embraer Takes Boeing to Arbitration Over Failed Deal

thus Article Embraer Takes Boeing to Arbitration Over Failed Deal

0 Response to "Embraer Takes Boeing to Arbitration Over Failed Deal"

Post a Comment