A federal appellate court in Brazil on Dec. 10, 2018, revoked a recent injunction that blocked any imminent agreement for the negotiated tie-up between Brazilian aircraft maker Embraer and US-based Boeing. EFE/File A federal appellate court in Brazil on Monday revoked an injunction granted last week that blocked any imminent agreement for the negotiated tie-up between Brazilian aircraft maker Embraer and US-based Boeing. The measure was revoked by an appeals panel in Sao Paulo, Embraer said in a statement to its stockholders.
The decision will cost Boeing billions.
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