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Bonds News

Brazil in talks to buy French Rafale jets-source

BRASILIA, Sept 7 (Reuters) - Brazilian President Luiz Inacio Lula da Silva authorized final negotiations to acquire 36 Rafale fighter jets made by France's Dassault Aviation AVMD.PA, a Brazilian presidential source said on Monday.

The announcement coincides with a visit of French President Nicolas Sarkozy, who participated in Brazil’s Independence Day celebrations on Monday.

The other two finalists in the tender to supply next-generation fighter jets worth as much as $3 billion were Boeing Co BA.N and Saab AB SAABb.ST.

Reporting by Raymond Colitt; Editing by Eric Beech

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