(new: Embraer’s reaction in the third paragraph)
CHICAGO (dpa-AFX) – The US aircraft manufacturer Boeing doesn’t want Brazilian rival Embraer
take over. The purchase of four fifths of the
Embraer’s commercial aircraft business for $ 4.2 billion
failed, Boeing said on Saturday.
After over two years of negotiations, Boeing and Embraer had
“ultimately unsuccessful” negotiations on the terms of the
Takeover, said Boeing manager Marc Allen. This
be “deeply disappointing”.
Embraer announced legal action against Boeing’s withdrawal.
Boeing wanted because of homemade problems from the purchase agreement
come out and use alleged inconsistencies as a pretext
Embraer said in response to Boeing’s statement. Embraer
will take “all measures” against Boeing for the harm that
arise from the “unlawful” termination of the purchase agreement.
The regulators gradually got the deal
waved through, with the exception of the European Commission, which him
had last checked. The purchase would have Boeing
Embraer’s range of smaller aircraft is incorporated. That would have been
European rival Airbus weakened.
Boeing does not mention the corona crisis in the report. But it is clear
that the virus is violently affecting the business of aircraft manufacturers,
with uncertain long-term consequences. For Boeing there is also that
Problem with the 737 Max. The model has been crashing two times
banned worldwide.
Recently there were rumors that Boeing had stopped producing his
Halve long-haul aircraft 787 Dreamliner and place there
wants to dismantle. Boeing presents its quarterly results on April 29.
/ fba
ISIN NL0000235190 US0970231058 BREMBRACNOR4
AXC0089 2020-04-25 / 18:35
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