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Stock impact report

Brazil's Embraer to furlough 15,000 workers ahead of Boeing deal [Reuters]

Embraer S.A. (ERJ) 
Last embraer s.a. earnings: 3/26 06:00 am Check Earnings Report
US:NYSE Investor Relations: ri.embraer.com.br
Company Research Source: Reuters
Brazil's Embraer to furlough 15,000 workers ahead of Boeing deal: union - Reuters 1 Min Read SAO PAULO (Reuters) - Brazilian planemaker Embraer SA ( EMBR3.SA ) will furlough almost 15,000 workers in January, a metalworkers union said on Thursday, ahead of a partial takeover by Boeing Co ( BA.N ) as part of a deal that still needs regulatory approval. Boeing has agreed to buy 80% of Embraer’s commercial plane division for $4.75 billion, a deal approved by shareholders and the Brazilian government but which is undergoing an intensive regulatory investigation in Europe. Embraer has said it expects the deal to close in early 2020. Embraer did not immediately respond to a request for comment. Reporting by Marcelo Rochabrun; Editing by Leslie Adler All quotes delayed a minimum of 15 minutes. See here for a complete list of exchanges and delays. Š 2019 Reuters. All Rights Reserved. Brazil's Embraer to furlough 15,000 workers ahead of Boeing deal: union SAO PAULO (Reuters) - Bra Show less Read more
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