The office of Brazil’s new president, Jair Bolsonaro, said he would not block Boeing’s proposed purchase of 80% of Embraer’s commercial business, or a separate joint venture to sell KC-390s. “The president was informed that the various scenarios had been thoroughly assessed and that the final proposal preserved sovereignty and national interests,” the office said. “Given this, the Golden Share will not be exercised to the business.” Speculation had ...

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