Brazil's Embraer says it will appeal injunction blocking tie-up with Boeing

SAO PAULO (Reuters) - Brazilian planemaker Embraer <EMBR3.SA> said on Friday that it will appeal an injunction issued hours earlier blocking its proposed tie-up with Boeing <BA.N>, according to a securities filing.

Embraer announced in July its intention to sell 80 percent of its commercial aviation business to Boeing for $3.8 billion, but the proposed deal has yet to be approved by the Brazilian government as well as shareholders.

(Reporting by Marcelo Rochabrun; Editing by Chizu Nomiyama)

12/07/2018 7:15

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