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Stock impact report

Embraer S.A. - Material Fact

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: PR Newswire
SÃO JOSÉ DOS CAMPOS, Brazil, April 25, 2020 /PRNewswire/ -- Embraer S.A. ("Embraer" – EMBR3 and ERJ), in compliance with the provisions of the CVM Instruction 358/02 and in connection with the strategic partnership between Embraer and The Boeing Company ("Boeing" and such partnership, the "Transaction"), informs its shareholders and the market that Embraer received today a notice sent by Boeing communicating its decision to terminate the Master Transaction Agreement ("MTA"), based on Boeing's assertion that supposedly certain closing conditions in the MTA have not been satisfied by Embraer.Embraer strongly believes that Boeing has wrongfully terminated the MTA, that it has manufactured false claims as a pretext to seek to avoid its commitments to close the transaction and pay Embraer the US$ 4.2 billion purchase price. Embraer believes Boeing has engaged in a systematic pattern of delay and repeated violations of the MTA, because of its unwillingness to complete the transaction in lig Show less Read more
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