February 2, 2018 / 4:17 PM / 10 months ago

Boeing proposed to Brazil government a deal excluding Embraer's defense business: source

BRASILIA (Reuters) - Boeing proposed to the Brazilian government on Thursday night a deal excluding Embraer’s defense business from a new vehicle for a partnership between the two planemakers, a Brazilian government source with knowledge of the talks told Reuters on Friday.

Another Brazilian government source earlier told Reuters that the latest proposal for a tie-up between Boeing (BA.N) and Embraer SA (EMBR3.SA) would include the creation of a third company.

Reporting by Ricardo Brito

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