December 7, 2018 / 12:14 PM / in 11 days

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

SAO PAULO, Dec 7 (Reuters) - Brazilian planemaker Embraer said on Friday that it will appeal an injunction issued hours earlier blocking its proposed tie-up with Boeing , 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)

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