Boeing-Embraer deal wins Brazilian government approval

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Boeing and Embraer said Thursday the government of Brazil has approved their commercial aircraft joint venture. The approval of the $4.2 billion deal, first announced in July 2018, will position both companies "to accelerate growth in global aerospace markets," Boeing said in a news release. The approval comes after Brazil's new President, Jair Bolsonaro, was sworn in recently. It follows several attempts to block the deal that included court injunctions. The two aerospace companies last month...

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